Resource Capital Gold (Resource Capital Gold) Cash-to-Debt : 0.00 (As of Sep. 2018)

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What is Resource Capital 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. Resource Capital Gold's cash to debt ratio for the quarter that ended in Sep. 2018 was 0.00.

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, Resource Capital Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2018.

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

GDPEF'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.

Resource Capital Gold Cash-to-Debt Historical Data

The historical data trend for Resource Capital 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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Resource Capital Gold Cash-to-Debt Chart

Resource Capital Gold Annual Data

Trend

Apr09

Apr10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Cash-to-Debt

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No Debt

0.09

0.02

0.01

Resource Capital Gold Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Cash-to-Debt	Get a 7-Day Free Trial															0.02	-	0.04	0.01	-

Competitive Comparison of Resource Capital Gold's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Resource Capital 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.

Resource Capital Gold's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Resource Capital 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.

Resource Capital Gold's Cash to Debt Ratio for the fiscal year that ended in Jun. 2018 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)
	=	0.031	/	(5.64	+	0.199)
	=	0.01

Resource Capital Gold's Cash to Debt Ratio for the quarter that ended in Sep. 2018 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)
	=	0.002	/	(5.756	+	0.134)
	=	0.00

Resource Capital Gold (OTCPK:GDPEF) 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.

Resource Capital Gold Cash-to-Debt Related Terms

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Resource Capital Gold (Resource Capital Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Capital Gold Corp (OTCPK:GDPEF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rcgcorp.ca

Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire • 11-03-2018

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire • 03-16-2018

Resource Capital Gold Corp Announces Filing For Stay Of Proceedings On Creditors

By GlobeNewswire GlobeNewswire • 01-30-2019