Dakota Gold (Dakota Gold) Cash-to-Debt

: 111.08 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Dakota Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 111.08.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Dakota Gold could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Dakota Gold's Cash-to-Debt or its related term are showing as below:

DC' s Cash-to-Debt Range Over the Past 10 Years
Min: 8.29 Med: No Debt Max: No Debt
Current: 111.08

During the past 3 years, Dakota Gold's highest Cash to Debt Ratio was No Debt. The lowest was 8.29. And the median was No Debt.

DC's Cash-to-Debt is ranked better than
60.2% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.92 vs DC: 111.08

Dakota Gold Cash-to-Debt Historical Data

The historical data trend for Dakota Gold's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Dakota Gold Annual Data

Trend

Mar20

Mar21

Mar22

Cash-to-Debt

No Debt

8.29

No Debt

Dakota Gold Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									N/A	No Debt	No Debt	49.06	111.08

Competitive Comparison

For the Gold subindustry, Dakota Gold's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dakota Gold Cash-to-Debt Distribution

For the Metals & Mining industry and Basic Materials sector, Dakota Gold's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Dakota Gold's Cash-to-Debt falls into.

Dakota Gold Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Dakota Gold's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 is calculated as:

Dakota Gold had no debt ⁽¹⁾.

Dakota Gold's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	25.548	/	(0.135	+	0.095)
	=	111.08

Dakota Gold (AMEX:DC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Dakota Gold Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Dakota Gold's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Dakota Gold (Dakota Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dakota Gold Corp (AMEX:DC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RR6:Germany

Address

106 Glendale Drive, Suite A, Lead, SD, USA, 57754

Website

https://www.dakotagoldcorp.com

Dakota Gold Corp is a gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 40 thousand acres surrounding the historic Homestake Mine.

Executives

Gerald Michael Aberle	director, officer: Chief Operating Officer	PO BOX 568, LEAD SD 57754
Alice D. Schroeder	director	1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
Jonathan T. Awde	director, officer: President & CEO	DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Patrick Shay Malone	officer: Chief Sustainability Officer	106 GLENDALE DRIVE, SUITE A, LEAD SD 57754
Stephen T. O'rourke	director	P.O. BOX 9159, RAPID CITY SD 57709
Shawn Campbell	officer: Chief Financial Officer	141 GLENDALE DRIVE, LEAD SD 57754
Robert Quartermain	director	DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Alex G Morrison	director	1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
James Mccoy Berry	officer: Vice-President of Exploration	141 GLENDALE DRIVE, LEAD SD 57754
Jennifer S Grafton	director	9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Amy Koenig	director	7001 MT. RUSHMORE ROAD, RAPID CITY SD 57702

Dakota Gold (Dakota Gold) Cash-to-Debt

Dakota Gold Cash-to-Debt Historical Data

Dakota Gold Cash-to-Debt Calculation

Dakota Gold Cash-to-Debt Related Terms

Dakota Gold (Dakota Gold) Business Description

Dakota Gold (Dakota Gold) Headlines