Northern Dynasty Minerals (Northern Dynasty Minerals) Cash-to-Debt : 6.84 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Northern Dynasty Minerals 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. Northern Dynasty Minerals's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.84.

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, Northern Dynasty Minerals could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NAK' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.44 Med: 5023.18 Max: No Debt
Current: 6.84

During the past 13 years, Northern Dynasty Minerals's highest Cash to Debt Ratio was No Debt. The lowest was 5.44. And the median was 5023.18.

NAK's Cash-to-Debt is ranked worse than
56.41% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.92 vs NAK: 6.84

Northern Dynasty Minerals Cash-to-Debt Historical Data

The historical data trend for Northern Dynasty Minerals'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.

* Premium members only.

Northern Dynasty Minerals Cash-to-Debt Chart

Northern Dynasty Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

5.44

46.36

32.49

23.13

6.84

Northern Dynasty Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															23.13	16.47	6.32	2.69	6.84

Competitive Comparison of Northern Dynasty Minerals's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Northern Dynasty Minerals'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.

Northern Dynasty Minerals's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northern Dynasty Minerals's Cash-to-Debt falls into.

Northern Dynasty Minerals 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.

Northern Dynasty Minerals's Cash to Debt Ratio for the fiscal year 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)
	=	13.566	/	(1.732	+	0.252)
	=	6.84

Northern Dynasty Minerals'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)
	=	13.566	/	(1.732	+	0.252)
	=	6.84

Northern Dynasty Minerals (AMEX:NAK) 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.

Northern Dynasty Minerals Cash-to-Debt Related Terms

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

Northern Dynasty Minerals (Northern Dynasty Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Dynasty Minerals Ltd (AMEX:NAK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ND3:Germany ND3:Germany NDM:Canada

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.northerndynastyminerals.com

Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.