Doubleview Gold (TSXV:DBG) Cash-to-Debt : No Debt ⁽¹⁾ (As of Nov. 2023)

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What is Doubleview 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. Doubleview Gold's cash to debt ratio for the quarter that ended in Nov. 2023 was No Debt ⁽¹⁾.

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, Doubleview Gold could pay off its debt using the cash in hand for the quarter that ended in Nov. 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 Doubleview Gold's Cash-to-Debt or its related term are showing as below:

TSXV:DBG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Doubleview Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

TSXV:DBG's Cash-to-Debt is ranked better than
99.92% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.92 vs TSXV:DBG: No Debt

Doubleview Gold Cash-to-Debt Historical Data

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

Doubleview Gold Annual Data

Trend

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Cash-to-Debt

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No Debt

Doubleview Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Other Industrial Metals & Mining subindustry, Doubleview 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.

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

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

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

Doubleview 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.

Doubleview Gold's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Doubleview Gold had no debt ⁽¹⁾.

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

Doubleview Gold had no debt ⁽¹⁾.

Doubleview Gold (TSXV:DBG) 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.

Doubleview Gold Cash-to-Debt Related Terms

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

Doubleview Gold (TSXV:DBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Doubleview Gold Corp (TSXV:DBG) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

DBLVF:USA 1D4:Germany

Address

470 Granville Street, Suite 822, Vancouver, BC, CAN, V6C 1V5

Website

https://www.doubleview.ca

Doubleview Gold Corp is a Canadian resource exploration and development company. The company is engaged in the exploration and development of mineral properties in North America. Its project includes the Mount Milligan North Property located in northwest Prince George, British Columbia; the Hat Property located in Telegraph Creek, British Columbia; the Red Springs Project located in the Omineca Mining District of British Columbia. It acquires precious and base metal exploration projects in North America but mainly in British Columbia. one segment the exploration and development of exploration and evaluation in Canada.

Doubleview Gold (TSXV:DBG) Headlines

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Doubleview Gold (TSXV:DBG) Cash-to-Debt : No Debt (1) (As of Nov. 2023)