Radius Gold (FRA:RUG) Cash-to-Debt : 23.45 (As of Dec. 2023)

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What is Radius 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. Radius Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 23.45.

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, Radius Gold could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRA:RUG' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.37 Med: 5011.71 Max: No Debt
Current: 23.43

During the past 13 years, Radius Gold's highest Cash to Debt Ratio was No Debt. The lowest was 10.37. And the median was 5011.71.

FRA:RUG's Cash-to-Debt is ranked better than
51.8% of 2637 companies
in the Metals & Mining industry
Industry Median: 18.42 vs FRA:RUG: 23.43

Radius Gold Cash-to-Debt Historical Data

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

Radius Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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11.14

11.26

10.40

21.16

23.45

Radius 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															21.16	14.18	29.49	28.64	23.45

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

For the Gold subindustry, Radius 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.

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

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

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

Radius 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.

Radius Gold's Cash to Debt Ratio for the fiscal year 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)
	=	1.313	/	(0.056	+	0)
	=	23.45

Radius 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)
	=	1.313	/	(0.056	+	0)
	=	23.45

Radius Gold (FRA:RUG) 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.

Radius Gold Cash-to-Debt Related Terms

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

Radius Gold (FRA:RUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Radius Gold Inc (FRA:RUG) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

RDUFF:USA RDU:Canada

Address

200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6

Website

https://www.radiusgold.com

Radius Gold Inc is a gold exploration company engaged in acquiring and exploring mineral properties and investment in companies which hold mineral property interests. It owns an exploration and mining interest in various properties including Bald Peak Project; Holly-Banderas Project; Amalia Project and Plata Verde Project. The Company's assets were located in Canada, Guatemala, Mexico, and Cayman Islands and formerly the USA.

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