Hycroft Mining Holding (Hycroft Mining Holding) Cash-to-Debt : 0.49 (As of Mar. 2024)

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What is Hycroft Mining Holding 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. Hycroft Mining Holding's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.49.

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, Hycroft Mining Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

HYMC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.49 Max: 1.23
Current: 0.49

During the past 5 years, Hycroft Mining Holding's highest Cash to Debt Ratio was 1.23. The lowest was 0.01. And the median was 0.49.

HYMC's Cash-to-Debt is ranked worse than
75.27% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.3 vs HYMC: 0.49

Hycroft Mining Holding Cash-to-Debt Historical Data

The historical data trend for Hycroft Mining Holding'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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Hycroft Mining Holding Cash-to-Debt Chart

Hycroft Mining Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

0.38

0.08

1.05

0.73

Hycroft Mining Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.96	0.84	0.75	0.73	0.49

Competitive Comparison of Hycroft Mining Holding's Cash-to-Debt

For the Gold subindustry, Hycroft Mining Holding'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.

Hycroft Mining Holding's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hycroft Mining Holding's Cash-to-Debt falls into.

Hycroft Mining Holding 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.

Hycroft Mining Holding'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)
	=	106.21	/	(2.355	+	142.625)
	=	0.73

Hycroft Mining Holding's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	57.566	/	(0.155	+	116.41)
	=	0.49

Hycroft Mining Holding (NAS:HYMC) 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.

Hycroft Mining Holding Cash-to-Debt Related Terms

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Hycroft Mining Holding (Hycroft Mining Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hycroft Mining Holding Corp (NAS:HYMC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 Water Canyon Road, Unit 1, Winnemucca, NV, USA, 89445

Website

http://www.hycroftmining.com

Hycroft Mining Holding Corp is a gold and silver producer. Its operating mine, the Hycroft Mine, is an open-pit heap leach operation located approximately fifty four miles west of Winnemucca, Nevada.

Executives

Diane R Garrett	director, officer: President, CEO & Director	C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN, SUITE 400, SALT LAKE CITY UT 84111
Stanton K Rideout	officer: Executive Vice President & CFO	C/O HYCROFT MINING HOLDING CORPORATION, 8181 E. TUFTS AVE. SUITE 510, DENVER CO 80237
Rebecca Jennings	officer: Senior Vice President	4300 WATER CANYON ROAD, UNIT 1, WINNEMUCCA NV 89445
Mudrick Capital Management, L.p.	director, 10 percent owner	527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Stephen A Lang	director	1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Eric Sprott	10 percent owner	2700-200 BAY STREET, ROYAL BANK PLAZA SOUTH TOWER, TORONTO A6 M5J 2J1
David C Naccarati	director	ONE NORTH CENTRAL AVENUE, CORPORATE SECRETARY DEPARTMENT, PHOENIX AZ 85004
Sean D. Goodman	director	11500 ASH STREET, LEAWOOD KS 66211
2176423 Ontario Ltd.	10 percent owner	200 BAY STREET, SUITE 2600, ROYAL BANK PLAZA, SOUTH TOWER, TORONTO A6 M5J 2J1
American Multi-cinema, Inc.	10 percent owner	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Amc Entertainment Holdings, Inc.	10 percent owner	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Whitebox Advisors Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Whitebox General Partner Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 300, MINNEAPOLIS MN 55416
Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Jeffrey Stieber	officer: Chief Financial Officer	8181 E. TUFTS AVE., SUITE510, DENVER CO 80237