RNCHF (Ranchero Gold) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Ranchero 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. Ranchero Gold's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

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, Ranchero Gold could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(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 Ranchero Gold's Cash-to-Debt or its related term are showing as below:

RNCHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.62 Max: No Debt
Current: 0.76

During the past 4 years, Ranchero Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.62.

RNCHF's Cash-to-Debt is ranked worse than
70.95% of 2582 companies
in the Metals & Mining industry
Industry Median: 20.12 vs RNCHF: 0.76

Ranchero Gold Cash-to-Debt Historical Data

The historical data trend for Ranchero 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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Ranchero Gold Cash-to-Debt Chart

Ranchero Gold Annual Data

Trend

Jun20

Jun21

Dec22

Dec23

Cash-to-Debt

0.04

0.24

1.01

Ranchero Gold Quarterly Data
	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial										0.01	0.04	1.01	No Debt	No Debt

Competitive Comparison of Ranchero Gold's Cash-to-Debt

For the Gold subindustry, Ranchero 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.

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

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

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

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Ranchero 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.

Ranchero Gold'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)
	=	0.752	/	(0.745	+	0)
	=	1.01

Ranchero Gold's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Ranchero Gold had no debt ⁽¹⁾.

Ranchero Gold (OTCPK:RNCHF) 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.

Ranchero Gold Cash-to-Debt Related Terms

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Ranchero Gold Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

3C2:Germany RNCH:Canada

Address

800 West Pender Street, c/o Suite 910, Vancouver, BC, CAN, V6C 2V6

Website

https://www.rancherogold.com

Ranchero Gold Corp is engaged in the acquisition and exploration of resources properties. Its Sta. Daniela concessions are located within the heart of the Sierra Madre Occidental gold belt in eastern Sonora, Mexico.