Acme Gold Co (XCNQ:AGE) Cash-to-Debt : N/A (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Acme Gold 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. Acme Gold Co's cash to debt ratio for the quarter that ended in Mar. 2024 was N/A.

(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 Acme Gold Co's Cash-to-Debt or its related term are showing as below:

During the past 3 years, Acme Gold Co's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

XCNQ:AGE's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 18.42
* Ranked among companies with meaningful Cash-to-Debt only.

Acme Gold Co Cash-to-Debt Historical Data

The historical data trend for Acme Gold 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.

* Premium members only.

Acme Gold Co Cash-to-Debt Chart

Acme Gold Co Annual Data

Trend

Sep21

Sep22

Sep23

Cash-to-Debt

No Debt

Acme Gold Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	No Debt	No Debt	N/A

Competitive Comparison of Acme Gold Co's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Acme Gold 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.

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

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

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

Acme Gold 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.

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

Acme Gold Co had no debt ⁽¹⁾.

Acme Gold Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Acme Gold Co (XCNQ:AGE) 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.

Acme Gold Co Cash-to-Debt Related Terms

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

Acme Gold Co (XCNQ:AGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Acme Gold Co Ltd (XCNQ:AGE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

992 East 13th Avenue, Vancouver, BC, CAN, V5T 2L6

Website

Acme Gold Co Ltd is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lemon Lake Property.