Alamos Gold (Alamos Gold) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Alamos 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. Alamos Gold's cash to debt ratio for the quarter that ended in Mar. 2024 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, Alamos Gold could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Alamos Gold's Cash-to-Debt or its related term are showing as below:

AGI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 509.89 Max: No Debt
Current: 641.77

During the past 13 years, Alamos Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.28. And the median was 509.89.

AGI's Cash-to-Debt is ranked better than
64.83% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs AGI: 641.77

Alamos Gold Cash-to-Debt Historical Data

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

Alamos Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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257.00

528.40

491.00

371.00

No Debt

Alamos Gold 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															No Debt	No Debt	574.75	No Debt	No Debt

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

For the Gold subindustry, Alamos 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.

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

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

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

Alamos 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.

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

Alamos Gold had no debt ⁽¹⁾.

Alamos Gold's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Alamos Gold had no debt ⁽¹⁾.

Alamos Gold (NYSE:AGI) 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.

Alamos Gold Cash-to-Debt Related Terms

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Alamos Gold (Alamos Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alamos Gold Inc (NYSE:AGI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

1AL:Germany 1AL:Germany AGI:Canada

Address

181 Bay Street, Brookfield Place, Suite 3910, Toronto, ON, CAN, M5J 2T3

Website

https://www.alamosgold.com

Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: Young-Davidson and Island Gold mines operate in Canada and the Mulatos and in Sonora, Mexico. The company generates maximum revenue from Young Davidson mines.