CGN Mining Co (HKSE:01164) Cash-to-Debt : 0.58 (As of Dec. 2023)

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What is CGN Mining Co 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. CGN Mining Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.58.

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, CGN Mining Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:01164' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.62 Max: No Debt
Current: 0.58

During the past 13 years, CGN Mining Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.62.

HKSE:01164's Cash-to-Debt is ranked worse than
70.95% of 179 companies
in the Other Energy Sources industry
Industry Median: 1.81 vs HKSE:01164: 0.58

CGN Mining Co Cash-to-Debt Historical Data

The historical data trend for CGN Mining Co'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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CGN Mining Co Cash-to-Debt Chart

CGN Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.63

0.60

0.03

0.02

0.58

CGN Mining Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.56	0.02	0.21	0.58

Competitive Comparison of CGN Mining Co's Cash-to-Debt

For the Uranium subindustry, CGN Mining Co'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.

CGN Mining Co's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CGN Mining Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CGN Mining Co's Cash-to-Debt falls into.

CGN Mining Co 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.

CGN Mining Co'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)
	=	1017.239	/	(367.172	+	1395.914)
	=	0.58

CGN Mining Co'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)
	=	1017.239	/	(367.172	+	1395.914)
	=	0.58

CGN Mining Co (HKSE:01164) 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.

CGN Mining Co Cash-to-Debt Related Terms

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CGN Mining Co (HKSE:01164) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CGN Mining Co Ltd (HKSE:01164) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CGNMF:USA VBO:Germany

Address

No. 26 Harbour Road, Room 1903,19th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.cgnmc.com

CGN Mining Co Ltd is an investment holding company. It is engaged in the development and trading of natural uranium resources for use by nuclear energy companies. The company organized into three main segments: Natural uranium trading, Property investment, and Other investment. It's Natural uranium trading segment engages in trading of natural uranium. The property investment segment engages in leasing and selling of office premises and other investments segment engages in investment in a joint venture. The company generates majority of its revenue from the trading of natural uranium.

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