GoviEx Uranium (TSXV:GXU) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Sep. 2023)

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

TSXV:GXU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: No Debt Max: No Debt
Current: No Debt

During the past 10 years, GoviEx Uranium's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was No Debt.

TSXV:GXU's Cash-to-Debt is ranked better than
99.44% of 179 companies
in the Other Energy Sources industry
Industry Median: 1.4 vs TSXV:GXU: No Debt

GoviEx Uranium Cash-to-Debt Historical Data

The historical data trend for GoviEx Uranium'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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GoviEx Uranium Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

GoviEx Uranium Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Uranium subindustry, GoviEx Uranium'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.

GoviEx Uranium Cash-to-Debt Distribution

For the Other Energy Sources industry and Energy sector, GoviEx Uranium's Cash-to-Debt distribution charts can be found below:

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

GoviEx Uranium 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.

GoviEx Uranium's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

GoviEx Uranium had no debt ⁽¹⁾.

GoviEx Uranium's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

GoviEx Uranium had no debt ⁽¹⁾.

GoviEx Uranium (TSXV:GXU) 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.

GoviEx Uranium Cash-to-Debt Related Terms

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GoviEx Uranium (TSXV:GXU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » GoviEx Uranium Inc (TSXV:GXU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GVXXF:USA 7GU:Germany

Address

999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1

Website

http://www.goviex.com

GoviEx Uranium Inc is a Canada-based company involved in the industrial metals and mining business sector. It is focused on the evaluation and development of uranium properties located in the Republic of Niger. The asset portfolio of the company includes uranium development projects, including the Madaouela project in Niger, the Mutanga project in Zambia, and Falea in Mali. The Company has one business segment, exploring mineral properties, with its primary project in Niger.

GoviEx Uranium (TSXV:GXU) Headlines

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