Galiano Gold (Galiano Gold) Cash-to-Debt

: 272.27 (As of Dec. 2023)

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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. Galiano Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 272.27.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Galiano Gold could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

GAU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 86.46 Max: No Debt
Current: 271.61

During the past 13 years, Galiano Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 86.46.

GAU's Cash-to-Debt is ranked better than
63.15% of 2635 companies
in the Metals & Mining industry
Industry Median: 17.94 vs GAU: 271.61

Galiano Gold Cash-to-Debt Historical Data

The historical data trend for Galiano 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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Galiano Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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52.11

120.68

127.74

178.70

272.27

Galiano 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															178.70	195.05	212.66	240.68	272.27

Competitive Comparison

For the Gold subindustry, Galiano 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.

Galiano Gold Cash-to-Debt Distribution

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

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

Galiano 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.

Galiano Gold'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)
	=	55.27	/	(0.125	+	0.078)
	=	272.27

Galiano 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)
	=	55.27	/	(0.125	+	0.078)
	=	272.27

Galiano Gold (AMEX:GAU) 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.

Galiano Gold Cash-to-Debt Related Terms

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Galiano Gold (Galiano Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Galiano Gold Inc (AMEX:GAU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

B7U:Germany GAU:Canada

Address

1066 West Hastings Street, Suite 1640, Vancouver, BC, CAN, V6E 3X1

Website

https://www.galianogold.com

Galiano Gold Inc is focused on building a sustainable business capable of long term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa. Its Asanko Gold Mine is a multi-deposit complex, with two main deposits, the Obotan Project and the Esaase Project, both located in the Amansie West District of the Republic of Ghana, West Africa.