Baru Gold (TSXV:BARU) Cash-to-Debt : 0.02 (As of Nov. 2023)

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What is Baru 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. Baru Gold's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.02.

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, Baru Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

TSXV:BARU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 145.5 Max: No Debt
Current: 0.02

During the past 13 years, Baru Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 145.50.

TSXV:BARU's Cash-to-Debt is ranked worse than
96.67% of 2646 companies
in the Metals & Mining industry
Industry Median: 18.395 vs TSXV:BARU: 0.02

Baru Gold Cash-to-Debt Historical Data

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

Baru Gold Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.69

2.83

193.30

0.31

0.02

Baru Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.03	0.02	0.02	0.02

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

For the Gold subindustry, Baru 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.

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

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

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

Baru 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.

Baru Gold's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	0.038	/	(1.935	+	0)
	=	0.02

Baru Gold's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	0.049	/	(2.089	+	0)
	=	0.02

Baru Gold (TSXV:BARU) 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.

Baru Gold Cash-to-Debt Related Terms

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

Baru Gold (TSXV:BARU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baru Gold Corp (TSXV:BARU) » Definitions » Cash-to-Debt

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BARUF:USA

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.barugoldcorp.com

Baru Gold Corp is an Indonesian-based Canadian mineral exploration company. The company is building a new gold production facility in Indonesia. It is a junior gold developer with NI43-101 gold resources. Its projects include the Sangihe Gold project and the Indonesian Focus.

Executives

Shidan Murphy

Director

Baru Gold (TSXV:BARU) Headlines

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