Rochester Resources (TSXV:RCT) Cash-to-Debt : 0.03 (As of Feb. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Rochester Resources 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. Rochester Resources's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.03.

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, Rochester Resources couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSXV:RCT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.14
Current: 0.03

During the past 13 years, Rochester Resources's highest Cash to Debt Ratio was 0.14. The lowest was 0.00. And the median was 0.01.

TSXV:RCT's Cash-to-Debt is ranked worse than
94.74% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.37 vs TSXV:RCT: 0.03

Rochester Resources Cash-to-Debt Historical Data

The historical data trend for Rochester Resources'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.

Rochester Resources Cash-to-Debt Chart

Rochester Resources Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.14

0.08

0.02

Rochester Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.02	0.01	-	0.03

Competitive Comparison of Rochester Resources's Cash-to-Debt

For the Gold subindustry, Rochester Resources'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.

Rochester Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Rochester Resources 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.

Rochester Resources's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	0.182	/	(0.407	+	9.105)
	=	0.02

Rochester Resources's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	0.561	/	(0.707	+	18.747)
	=	0.03

Rochester Resources (TSXV:RCT) 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.

Rochester Resources Cash-to-Debt Related Terms

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

Rochester Resources (TSXV:RCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rochester Resources Ltd (TSXV:RCT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RCTFF:USA

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

http://www.rochesterresources.com

Rochester Resources Ltd is a Canada-based mineral exploration and development company. Principally, the company is engaged in the business of acquisition, exploration, and development of exploration and evaluation of assets in Mexico. It holds 100% interest in the Mina real and San Francisco properties. The firm operates in one segment being the acquisition, exploration and development of exploration and evaluation assets Its mineral operations are located in Mexico and its corporate assets are located in Canada. It derives revenue from mineral exploration activity in Mexico.

Executives

Jose Manuel Silva

Senior Officer

Rochester Resources (TSXV:RCT) Headlines

No Headlines