Green River Gold (XCNQ:CCR) Cash-to-Debt : 0.91 (As of Dec. 2023)

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What is Green River 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. Green River Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.91.

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, Green River Gold 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 Green River Gold's Cash-to-Debt or its related term are showing as below:

XCNQ:CCR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 0.91

During the past 13 years, Green River Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

XCNQ:CCR's Cash-to-Debt is ranked better than
63.14% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs XCNQ:CCR: 0.91

Green River Gold Cash-to-Debt Historical Data

The historical data trend for Green River 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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Green River Gold Cash-to-Debt Chart

Green River Gold Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.01

0.06

1.43

0.04

Green River 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															0.28	0.07	0.16	0.04	0.91

Competitive Comparison of Green River Gold's Cash-to-Debt

For the Specialty Retail subindustry, Green River 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.

Green River Gold's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Green River Gold's Cash-to-Debt distribution charts can be found below:

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

Green River 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.

Green River Gold's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	0.009	/	(0.078	+	0.164)
	=	0.04

Green River 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)
	=	0.255	/	(0.118	+	0.163)
	=	0.91

Green River Gold (XCNQ:CCR) 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.

Green River Gold Cash-to-Debt Related Terms

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Green River Gold (XCNQ:CCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Green River Gold Corp (XCNQ:CCR) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

CCRRF:USA

Address

6220 Fulton Road NW, Suite 115, Edmonton, AB, CAN, T6A 3T4

Website

https://www.greenrivergold.com

Green River Gold Corp is engaged in the business of location, acquisition, exploration, and development of mineral properties, including alluvial gold properties. It also provides services to the placer mining industry, selling equipment and supplies, renting placer mining claims and equipment, and providing permitting and consulting services. Its operating segments are retail division and mining division. The majority of its revenue comes from the Retail segment, which sells larger mining equipment, including refurbished used mining equipment and new equipment manufactured by a related Company.

Executives

Arthur Craig Brekkas

Director