Rugby Resources (TSXV:RUG) Cash-to-Debt : No Debt ⁽¹⁾ (As of Aug. 2024)

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What is Rugby 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. Rugby Resources's cash to debt ratio for the quarter that ended in Aug. 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, Rugby Resources could pay off its debt using the cash in hand for the quarter that ended in Aug. 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 Rugby Resources's Cash-to-Debt or its related term are showing as below:

TSXV:RUG' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.08 Med: No Debt Max: No Debt
Current: 10.1

During the past 13 years, Rugby Resources's highest Cash to Debt Ratio was No Debt. The lowest was 3.08. And the median was No Debt.

TSXV:RUG's Cash-to-Debt is ranked worse than
53.72% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs TSXV:RUG: 10.10

Rugby Resources Cash-to-Debt Historical Data

The historical data trend for Rugby 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.

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Rugby Resources Cash-to-Debt Chart

Rugby Resources Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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No Debt

3.45

16.98

6.15

No Debt

Rugby Resources Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															13.50	16.03	No Debt	No Debt	No Debt

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

For the Other Industrial Metals & Mining subindustry, Rugby 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.

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

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

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

Rugby 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.

Rugby Resources's Cash to Debt Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Rugby Resources had no debt ⁽¹⁾.

Rugby Resources's Cash to Debt Ratio for the quarter that ended in Aug. 2024 is calculated as:

Rugby Resources had no debt ⁽¹⁾.

Rugby Resources (TSXV:RUG) 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.

Rugby Resources Cash-to-Debt Related Terms

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

Rugby Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RBMNF:USA

Address

1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6C 1H2

Website

https://www.rugbyresourcesltd.com

Rugby Resources Ltd is an exploration-stage company. The company with its subsidiaries is engaged in the acquisition, exploration, and development of mineral properties located in Australia, Colombia, and the Philippines. Its activities are all in the one industry segment of mineral property acquisition, exploration, and development. Some of the projects of the company are Cobrasco Copper-Molybdenum Project, Mantau Copper Gold Project, El Zanjon Project, Motherlode Copper Gold - Philippines, Venidero Gold Silver - Argentina, and Georgetown Copper-Gold Project.

Executives

John Merfyn Roberts

Director

Rugby Resources Headlines

No Headlines

Rugby Resources (TSXV:RUG) Cash-to-Debt : No Debt (1) (As of Aug. 2024)