RHCCF (Royal Helium) Cash-to-Debt: 0.00 (As of Sep. 2024)

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What is Royal Helium Cash-to-Debt?

Royal Helium RHCCF Cash-to-Debt is 0.00 as of Sep. 2024.

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. Royal Helium's cash to debt ratio for the quarter that ended in Sep. 2024 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, Royal Helium couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

RHCCF's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.565
* Ranked among companies with meaningful Cash-to-Debt only.

Royal Helium  (OTCPK:RHCCF) 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.

Royal Helium Cash-to-Debt Related Terms

Royal Helium Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Royal Helium'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.

Royal Helium Cash-to-Debt Chart

Royal Helium Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt 0.08

Royal Helium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.08 0.00 0.01 0.00

RHCCF vs GRVE, SPOWF, LEEN: Cash-to-Debt Comparison

For the Oil & Gas E&P subindustry, Royal Helium'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.

Royal Helium Cash-to-Debt vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Royal Helium's Cash-to-Debt distribution charts can be found below:

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


Royal Helium 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.

Royal Helium'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)
=2.1580653723822 / (3.7017670256634 + 20.414391020946)
=0.09

Royal Helium's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=0.03108923350252 / (7.7809008475943 + 15.588921869881)
=0.00

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.00 mean?
Royal Helium (RHCCF) has a Cash-to-Debt of 0.00 as of Sep. 2024.
Is Royal Helium's Cash-to-Debt too high?
Royal Helium's current Cash-to-Debt is 0.00.
How does Royal Helium's Cash-to-Debt compare to GRVE and SPOWF?
Royal Helium's Cash-to-Debt of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Cash-to-Debt is 0.57. 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 Oil & Gas company?
The median Cash-to-Debt among Oil & Gas companies is 0.57, based on 990 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. 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 Oil & Gas industry, the median Cash-to-Debt is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Helium's current Cash-to-Debt is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Helium stock overvalued right now?
Royal Helium (RHCCF) has a current Cash-to-Debt of 0.00. The current Cash-to-Debt is 0.00. 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 Royal Helium (RHCCF), the current Cash-to-Debt is 0.00 as of Sep. 2024. 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.

Royal Helium Business Description

Industry EnergyOil & Gas
Address 224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers. The company's project includes Saskatchewan Helium Play Elements for Success.