Roscan Gold (TSXV:ROS) Cash-to-Debt : 0.27 (As of Jan. 2024)

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What is Roscan 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. Roscan Gold's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.27.

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, Roscan Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 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 Roscan Gold's Cash-to-Debt or its related term are showing as below:

TSXV:ROS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 54.79 Max: No Debt
Current: 0.27

During the past 13 years, Roscan Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 54.79.

TSXV:ROS's Cash-to-Debt is ranked worse than
82.21% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs TSXV:ROS: 0.27

Roscan Gold Cash-to-Debt Historical Data

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

Roscan Gold Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

54.79

457.87

No Debt

Roscan Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	0.27

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

For the Gold subindustry, Roscan 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.

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

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

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

Roscan 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.

Roscan Gold's Cash to Debt Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Roscan Gold had no debt ⁽¹⁾.

Roscan Gold's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	0.104	/	(0.39	+	0)
	=	0.27

Roscan Gold (TSXV:ROS) 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.

Roscan Gold Cash-to-Debt Related Terms

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

Roscan Gold (TSXV:ROS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Roscan Gold Corp (TSXV:ROS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RCGCF:USA 2OJ:Germany

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.roscan.ca

Roscan Gold Corp is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a land position in an area of producing gold mines and gold deposits, located both north and south of its Kandiole Project in West Mali.

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