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Rand CapitalRAND +7.14%26 Cash-to-Debt is 0.08 as of Jun. 2026, which is 92% below its 10-year median of 1.03. GuruFocus rates RAND with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 1,412 Asset Management companies, Rand Capital ranks worse than 84.49% on this metric.
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. Rand Capital's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.08.
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, Rand Capitalcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(1) 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.
The historical rank and industry rank for Rand Capital's Cash-to-Debt or its related term are showing as below:
RAND'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 1.03 Max: No Debt
Current: 0.08
During the past 13 years, Rand Capital's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 1.03.
RAND's Cash-to-Debt is ranked worse than 84.49% of 1412
companies
in the Asset Management industry
Industry Median: 5.545
vs RAND: 0.08
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.
Rand Capital Cash-to-Debt Related Terms
Rand Capital Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Rand Capital'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.
For the Asset Management subindustry, Rand Capital'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.
Rand Capital Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Rand Capital's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Rand Capital's Cash-to-Debt falls into.
* 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.
Rand Capital (RAND) has a Cash-to-Debt of 0.08 as of Jun. 2026. This is 92% below median its historical median of 1.03. Over the past decade, Rand Capital's Cash-to-Debt has ranged from 0.04 to 10,000.00. According to the industry distribution chart, Rand Capital ranks #1193 out of 1412 companies in the Asset Management industry, placing it in the top 84.5%.
Is Rand Capital's Cash-to-Debt too high?
Rand Capital's current Cash-to-Debt of 0.08 is 92% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 10,000.00. The Asset Management industry median Cash-to-Debt is 5.55. Rand Capital's value of 0.08 is 98.6% below this industry median. Based on the distribution chart, Rand Capital ranks #1193 out of 1412 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Rand Capital has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Rand Capital's Cash-to-Debt compare to BXLC and HERZ?
According to the Asset Management industry distribution chart, Rand Capital ranks #1193 out of 1412 companies for Cash-to-Debt. This places Rand Capital in the lower half of its industry. The industry median Cash-to-Debt is 5.55. Rand Capital's value of 0.08 is 98.6% below this benchmark. Historically, Rand Capital's own Cash-to-Debt has ranged from 0.04 to 10,000.00 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 5.55, Rand Capital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 5.55, based on 1,412 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rand Capital's current Cash-to-Debt of 0.08 is 98.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rand Capital's current Cash-to-Debt is 0.08, which is 92% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rand Capital stock overvalued right now?
Rand Capital (RAND) has a current Cash-to-Debt of 0.08. The current Cash-to-Debt is 0.08, which is 92% below median its 10-year median of 1.03 and 98.6% below the Asset Management industry median of 5.55. Rand Capital's overall GF Score™ is 26/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Rand Capital (RAND), the current Cash-to-Debt is 0.08 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Rand Capital Corp is a closed-end, externally managed, non-diversified investment company. Its investment objective is to generate current income and, when possible, complement its current income with capital appreciation by focusing its debt and related equity investments in privately-held, lower middle market companies with committed and experienced managements in a broad variety of industries. It predominantly invests in higher-yielding debt instruments.
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