Great Panther Mining (Great Panther Mining) Cash-to-Debt : 0.37 (As of Jun. 2022)

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What is Great Panther Mining Cash-to-Debt?

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. Great Panther Mining's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.37.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Great Panther Mining couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

GPLDF's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.92
* Ranked among companies with meaningful Cash-to-Debt only.

Great Panther Mining Cash-to-Debt Historical Data

The historical data trend for Great Panther Mining'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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Great Panther Mining Cash-to-Debt Chart

Great Panther Mining Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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No Debt

0.61

1.42

0.84

Great Panther Mining Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Cash-to-Debt	Get a 7-Day Free Trial															0.93	0.67	0.84	0.46	0.37

Competitive Comparison of Great Panther Mining's Cash-to-Debt

For the Gold subindustry, Great Panther Mining'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.

Great Panther Mining's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Great Panther Mining's Cash-to-Debt falls into.

Great Panther Mining 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.

Great Panther Mining's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	47.692	/	(47.995	+	9.105)
	=	0.84

Great Panther Mining's Cash to Debt Ratio for the quarter that ended in Jun. 2022 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)
	=	21.058	/	(47.806	+	9.03)
	=	0.37

Great Panther Mining (OTCPK:GPLDF) 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.

Great Panther Mining Cash-to-Debt Related Terms

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Great Panther Mining (Great Panther Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Panther Mining Ltd (OTCPK:GPLDF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1330 - 200 Granville Street, Vancouver, BC, CAN, V6C 1S4

Website

https://www.greatpanther.com

Great Panther Mining Ltd is a precious metals mining and exploration company. The company operates three mines, including the Tucano Gold Mine in Amapa State, Brazil, and two primary silver mines in Mexico: the Guanajuato Mine Complex (GMC) and the Topia Mine. Its Coricancha segment contains the net assets associated with Coricancha and the Corporate segment provides financial, human resources, and technical support to the three mining operations and Coricancha. The GMC operation produces silver and gold in concentrate, and the Topia operation produces silver, gold, lead, and zinc in concentrate for refining off-site. The Tucano operation produces gold dore. It generates the majority of its revenue from Brazil.