Boundary Gold and Copper Mining (TSXV:BDGC.H) Cash-to-Debt : 0.21 (As of Feb. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Boundary Gold and Copper Mining 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. Boundary Gold and Copper Mining's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.21.

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, Boundary Gold and Copper Mining couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSXV:BDGC.H' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 176.8 Max: No Debt
Current: 0.21

During the past 13 years, Boundary Gold and Copper Mining's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 176.80.

TSXV:BDGC.H's Cash-to-Debt is ranked worse than
83.84% of 2654 companies
in the Metals & Mining industry
Industry Median: 17.81 vs TSXV:BDGC.H: 0.21

Boundary Gold and Copper Mining Cash-to-Debt Historical Data

The historical data trend for Boundary Gold and Copper Mining'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.

* Premium members only.

Boundary Gold and Copper Mining Cash-to-Debt Chart

Boundary Gold and Copper Mining Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

1.68

0.04

28.41

10.00

0.36

Boundary Gold and Copper Mining Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															1.91	0.94	0.36	0.39	0.21

Competitive Comparison of Boundary Gold and Copper Mining's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Boundary Gold and Copper Mining'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.

Boundary Gold and Copper Mining's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Boundary Gold and Copper Mining's Cash-to-Debt falls into.

Boundary Gold and Copper Mining 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.

Boundary Gold and Copper Mining's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	0.04	/	(0.11	+	0)
	=	0.36

Boundary Gold and Copper Mining's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	0.024	/	(0.115	+	0)
	=	0.21

Boundary Gold and Copper Mining (TSXV:BDGC.H) 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.

Boundary Gold and Copper Mining Cash-to-Debt Related Terms

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

Boundary Gold and Copper Mining (TSXV:BDGC.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Boundary Gold and Copper Mining Ltd (TSXV:BDGC.H) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

http://www.prizemining.com

Boundary Gold and Copper Mining Ltd is a resource exploration company. It is engaged in the business activity of acquiring and exploring resource properties in Canada. The organization is focused on the Kena and Daylight Gold project which is in the Nelson area of British Columbia, Canada. Its projects also include the Manto Negro Copper Project. The company operates in Canada and Mexico.

Boundary Gold and Copper Mining (TSXV:BDGC.H) Headlines

No Headlines