Getchell Gold (XCNQ:GTCH) Cash-to-Debt : 0.41 (As of Dec. 2023)

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What is Getchell 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. Getchell Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.41.

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, Getchell Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Getchell Gold's Cash-to-Debt or its related term are showing as below:

XCNQ:GTCH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.39 Max: No Debt
Current: 0.41

During the past 13 years, Getchell Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.39.

XCNQ:GTCH's Cash-to-Debt is ranked worse than
77.22% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs XCNQ:GTCH: 0.41

Getchell Gold Cash-to-Debt Historical Data

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

Getchell Gold Annual Data

Trend

Apr14

Apr15

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Apr17

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Mar19

Mar20

Mar21

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Mar23

Cash-to-Debt

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No Debt

Getchell Gold Quarterly Data
	Oct18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	0.41

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

For the Gold subindustry, Getchell 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.

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

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

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

Getchell 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.

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

Getchell Gold had no debt ⁽¹⁾.

Getchell 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)
	=	0.811	/	(0	+	2.002)
	=	0.41

Getchell Gold (XCNQ:GTCH) 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.

Getchell Gold Cash-to-Debt Related Terms

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Getchell Gold (XCNQ:GTCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Getchell Gold Corp (XCNQ:GTCH) » Definitions » Cash-to-Debt

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Address

625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6

Website

https://www.getchellgold.com

Getchell Gold Corp is a resource company committed to responsible exploration focused on gold and copper in Nevada. The company's projects are Fondaway canyon, Star, Dixie comstock, and Hot springs peak projects. Getchell Gold is directing its efforts on Fondaway Canyon, a past gold producer with an in-the-ground historic resources, and on the Star project, a past high-grade copper, gold, and silver small-scale producer. Along with Dixie Comstock, a past gold producer with a historic resource and one earlier stage exploration project, Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.