Jupiter Gold (Jupiter Gold) Cash-to-Debt : 0.14 (As of Dec. 2023)

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What is Jupiter 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. Jupiter Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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, Jupiter 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 Jupiter Gold's Cash-to-Debt or its related term are showing as below:

JUPGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: No Debt Max: No Debt
Current: 0.14

During the past 8 years, Jupiter Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was No Debt.

JUPGF's Cash-to-Debt is ranked worse than
88.24% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.92 vs JUPGF: 0.14

Jupiter Gold Cash-to-Debt Historical Data

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

Jupiter Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.14

Jupiter Gold Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	0.14

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

For the Gold subindustry, Jupiter 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.

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

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

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

Jupiter 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.

Jupiter Gold'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)
	=	0.093	/	(0.674	+	0)
	=	0.14

Jupiter 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)
	=	0.093	/	(0.674	+	0)
	=	0.14

Jupiter Gold (OTCPK:JUPGF) 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.

Jupiter Gold Cash-to-Debt Related Terms

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Jupiter Gold (Jupiter Gold) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Vereador Joao Alves Praes No. 95-A, Olhos D'Agua, MG, BRA, 39398-000

Website

https://www.jupitergoldcorp.com

Jupiter Gold Corporation is an exploration company focused on gold discoveries in Brazil. The group holds an interest in a project such as Alpha, Paracatu, Crixas, Apui, Brotas, and others.