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China Gold International Resources (TSX:CGG) Debt-to-Revenue : 3.34 (As of Mar. 2024)


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What is China Gold International Resources Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

China Gold International Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$202.2 Mil. China Gold International Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$893.4 Mil. China Gold International Resources's annualized Revenue for the quarter that ended in Mar. 2024 was C$327.8 Mil. China Gold International Resources's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 3.34.


China Gold International Resources Debt-to-Revenue Historical Data

The historical data trend for China Gold International Resources's Debt-to-Revenue 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.

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China Gold International Resources Debt-to-Revenue Chart

China Gold International Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.42 0.86 0.76 1.67

China Gold International Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 2.48 2.92 2.69 3.34

Competitive Comparison of China Gold International Resources's Debt-to-Revenue

For the Other Precious Metals & Mining subindustry, China Gold International Resources's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


China Gold International Resources's Debt-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where China Gold International Resources's Debt-to-Revenue falls into.



China Gold International Resources Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

China Gold International Resources's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(193.275 + 837.005) / 616.377
=1.67

China Gold International Resources's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(202.185 + 893.436) / 327.804
=3.34

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


China Gold International Resources Debt-to-Revenue Related Terms

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China Gold International Resources (TSX:CGG) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 660, One Bentall Centre, Vancouver, BC, CAN, V7X 1M4
China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a significant portion of sales still result from copper production. China National Gold Corporation, a state-owned company registered in Beijing, is a substantial shareholder of China Gold International Resources. The vast majority of the company's gold output is sold to China National Gold Corporation and its subsidiaries.
Executives
China National Gold Group Hong Kong Limited 10% Security Holder

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