Osino Resources (TSXV:OSI) Cash-to-Debt : 0.46 (As of Dec. 2023)

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What is Osino Resources 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. Osino Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.46.

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, Osino Resources 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 Osino Resources's Cash-to-Debt or its related term are showing as below:

TSXV:OSI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46 Med: 235.89 Max: No Debt
Current: 0.46

During the past 13 years, Osino Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.46. And the median was 235.89.

TSXV:OSI's Cash-to-Debt is ranked worse than
76.28% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs TSXV:OSI: 0.46

Osino Resources Cash-to-Debt Historical Data

The historical data trend for Osino Resources'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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Osino Resources Cash-to-Debt Chart

Osino Resources Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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78.25

393.54

72.59

3.32

0.46

Osino Resources 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															3.32	1.45	0.46	0.42	0.46

Competitive Comparison of Osino Resources's Cash-to-Debt

For the Gold subindustry, Osino Resources'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.

Osino Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Osino Resources 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.

Osino Resources'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)
	=	9.343	/	(20.089	+	0.029)
	=	0.46

Osino Resources'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)
	=	9.343	/	(20.089	+	0.029)
	=	0.46

Osino Resources (TSXV:OSI) 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.

Osino Resources Cash-to-Debt Related Terms

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Osino Resources (TSXV:OSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Osino Resources Corp (TSXV:OSI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

OSIIF:USA RSR1:Germany

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.osinoresources.com

Osino Resources Corp is a Canadian company, focused on the acquisition and development of gold projects in Namibia. The company has two geographical segments Canada and Nambia. The company's project includes Osino Gold Project which is located in central Namibia in the area known as the Central Plateau.