Athena Gold (Athena Gold) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Athena 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. Athena Gold's cash to debt ratio for the quarter that ended in Dec. 2023 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, Athena Gold could 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 Athena Gold's Cash-to-Debt or its related term are showing as below:

AHNR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: No Debt
Current: 0.12

During the past 13 years, Athena Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.01.

AHNR's Cash-to-Debt is ranked worse than
88.86% of 2647 companies
in the Metals & Mining industry
Industry Median: 18.37 vs AHNR: 0.12

Athena Gold Cash-to-Debt Historical Data

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

Athena Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.21

No Debt

0.14

No Debt

Athena Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.03	6.10	1.48	No Debt

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

For the Other Precious Metals & Mining subindustry, Athena 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.

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

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

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

Athena 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.

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

Athena Gold had no debt ⁽¹⁾.

Athena Gold's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Athena Gold had no debt ⁽¹⁾.

Athena Gold (OTCPK:AHNR) 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.

Athena Gold Cash-to-Debt Related Terms

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

Athena Gold (Athena Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Athena Gold Corp (OTCPK:AHNR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ATHA:Canada

Address

2010A Harbison Drive, Suite 312, Vacaville, CA, USA, 95687

Website

https://www.athenagoldcorp.com

Athena Gold Corp is focused on the exploration and development of precious metals in the Western United States. Its core holding is Excelsior Springs Project in Nevada's Walker Lane Gold District.

Executives

Power John C /ca/	director, 10 percent owner, officer: Pres., CFO, Prin. Acctg. Off.
John D Gibbs	10 percent owner	16 E STREET SOUTHWEST, ARDMORE OK 73402
Nubian Resources Ltd.	10 percent owner	#202 YALE COURT PLAZA, 2526 YALE COURT ROAD, ABBOTSFORD A1 V2S 8G9
Tyler J Minnick	officer: CFO	C/O ATHENA GOLD CORPORATION, 2010A HARBISON DR., #312, VACAVILLE CA 95687
John E Hiner	director	9443 AXLUND ROAD, LYNDEN WA 98264
Markus Janser	director	CH. DE LA BRUYERE 23C, PULLY V8 1009
Brian Power	director	2010A HARBISON DR., #312, VACAVILLE CA 95687
Neuman Clifford L Esq	10 percent owner	6800 NORTH 79TH STREET, SUITE # 200, NIWOT CO 80503
Leroy Wilkes	director	5154 LEDUC LANE, CASTLE ROCK CO 80108
Webquest Inc.	10 percent owner	7750 N UNION BLVD, # 201, COLORADO SPRINGS CO 80920
Shana Capital Ltd	10 percent owner	678 S PONTIAC WAY, DENVER CO 80224
Tripower Resources, Inc.	10 percent owner	POST OFFICE BOX 849, ARDMORE OK 73402
Butte Creek Brewing Company, Llc	10 percent owner	945 W. SECOND STREET, CHICO CA 95928
J Andrew Moorer	director	POST OFFICE BOX 3618, CAREFREE AZ 85377