Rise Gold (XCNQ:RISE) Cash-to-Debt : 0.35 (As of Jan. 2024)

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What is Rise 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. Rise Gold's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.35.

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, Rise Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

XCNQ:RISE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 2.52 Max: No Debt
Current: 0.35

During the past 13 years, Rise Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 2.52.

XCNQ:RISE's Cash-to-Debt is ranked worse than
78.26% of 2649 companies
in the Metals & Mining industry
Industry Median: 17.59 vs XCNQ:RISE: 0.35

Rise Gold Cash-to-Debt Historical Data

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

Rise Gold Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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0.95

4.56

0.79

0.35

0.53

Rise 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															1.10	0.96	0.53	0.45	0.35

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

For the Gold subindustry, Rise 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.

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

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

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

Rise 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.

Rise Gold's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	1.001	/	(0	+	1.9)
	=	0.53

Rise 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)
	=	0.764	/	(2.17	+	0)
	=	0.35

Rise Gold (XCNQ:RISE) 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.

Rise Gold Cash-to-Debt Related Terms

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Rise Gold (XCNQ:RISE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rise Gold Corp (XCNQ:RISE) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

RYES:USA

Address

669 Howe Street, Suite 650, Vancouver, BC, CAN, V6C 0B4

Website

https://www.risegoldcorp.com

Rise Gold Corp is a mineral exploration stage mining company and its primary asset is a major past producing Idaho-Maryland Gold Mine property near Grass Valley, California, United States. The Company conducts its business in one geographical segment located in California, United States, where all of its equipment and mineral property interests are located.

Executives

John Graham Proust

Director