Bold Ventures (TSXV:BOL) Cash-to-Debt : 2.03 (As of Jul. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Bold Ventures 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. Bold Ventures's cash to debt ratio for the quarter that ended in Jul. 2024 was 2.03.

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, Bold Ventures could pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

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

TSXV:BOL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: No Debt Max: No Debt
Current: 2.03

During the past 13 years, Bold Ventures's highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was No Debt.

TSXV:BOL's Cash-to-Debt is ranked worse than
63.54% of 2614 companies
in the Metals & Mining industry
Industry Median: 17.97 vs TSXV:BOL: 2.03

Bold Ventures Cash-to-Debt Historical Data

The historical data trend for Bold Ventures'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.

Bold Ventures Cash-to-Debt Chart

Bold Ventures Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

1.20

No Debt

0.74

Bold Ventures Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	0.74	0.89	0.14	2.03

Competitive Comparison of Bold Ventures's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Bold Ventures'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.

Bold Ventures's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Bold Ventures 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.

Bold Ventures's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	0.026	/	(0.035	+	0)
	=	0.74

Bold Ventures's Cash to Debt Ratio for the quarter that ended in Jul. 2024 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)
	=	0.075	/	(0.037	+	0)
	=	2.03

Bold Ventures (TSXV:BOL) 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.

Bold Ventures Cash-to-Debt Related Terms

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

Bold Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bold Ventures Inc (TSXV:BOL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Adelaide Street West, Suite 3600, Bay Adelaide Centre - East Tower, Toronto, ON, CAN, M5H 4E3

Website

http://www.boldventuresinc.com

Bold Ventures Inc is an operator of an exploration company intended to explore the base and precious metals in Canada. The company explores properties located in active battery and precious metals camps in the Thunder Bay and Wawa regions of Ontario and holds various assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, and in the James Bay Lowlands of Northern Ontario, enabling the company to locate and develop mineral wealth on behalf of shareholders.

Executives

David Bruce Graham	Director
Steven Samuel Brunelle	Director

Bold Ventures Headlines

No Headlines