Guskin Gold (Guskin Gold) Cash-to-Debt : 0.00 (As of Dec. 2023)

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What is Guskin Gold 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. Guskin Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.00.

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, Guskin Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

During the past 13 years, Guskin Gold's highest Cash to Debt Ratio was 3.00. The lowest was 0.00. And the median was 0.08.

GKIN's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.81
* Ranked among companies with meaningful Cash-to-Debt only.

Guskin Gold Cash-to-Debt Historical Data

The historical data trend for Guskin 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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Guskin Gold Cash-to-Debt Chart

Guskin Gold Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.17

0.03

0.02

Guskin Gold 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															0.08	0.06	0.06	-	-

Competitive Comparison of Guskin Gold's Cash-to-Debt

For the Gold subindustry, Guskin 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.

Guskin Gold's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Guskin 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.

Guskin Gold's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	0	/	(0.92	+	0)
	=	0.00

Guskin 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)
	=	0.004	/	(1.049	+	0)
	=	0.00

Guskin Gold (OTCPK:GKIN) 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.

Guskin Gold Cash-to-Debt Related Terms

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Guskin Gold (Guskin Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guskin Gold Corp (OTCPK:GKIN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4500 Great America Parkway, Suite 100, PMB 38, Santa Clara, CA, USA, 95054

Website

https://www.guskingold.com

Guskin Gold Corp is an early-stage development company focusing on the acquisition and exploration of gold properties and the development of gold mining operations in the Republic of Ghana. It holds an interest in the Kukuom Gold project and The TEPA Gold Mine.

Executives

Scott J Silverman	director, 10 percent owner, officer: CEO, CFO, Pres, Sec. & Treas	1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134
Trig Special Purpose I, Llc	10 percent owner	590 MADISON AVENUE, SUITE 2127, NEW YORK NY 10022