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Rigel Resource Acquisition (Rigel Resource Acquisition) FCF Yield % : -0.66 (As of May. 16, 2024)


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What is Rigel Resource Acquisition FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Rigel Resource Acquisition's Trailing 12-Month Free Cash Flow is $-2.39 Mil, and Market Cap is $361.43 Mil. Therefore, Rigel Resource Acquisition's FCF Yield % for today is -0.66%.

The historical rank and industry rank for Rigel Resource Acquisition's FCF Yield % or its related term are showing as below:

RRAC' s FCF Yield % Range Over the Past 10 Years
Min: -0.66   Med: 0   Max: 0
Current: -0.66


RRAC's FCF Yield % is ranked better than
64.3% of 633 companies
in the Diversified Financial Services industry
Industry Median: -1.46 vs RRAC: -0.66

Rigel Resource Acquisition's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.


Rigel Resource Acquisition FCF Yield % Historical Data

The historical data trend for Rigel Resource Acquisition's FCF Yield % 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.

* Premium members only.

Rigel Resource Acquisition FCF Yield % Chart

Rigel Resource Acquisition Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- -0.40 -0.49

Rigel Resource Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 -0.05 -0.12 -1.60 -0.92

Competitive Comparison of Rigel Resource Acquisition's FCF Yield %

For the Shell Companies subindustry, Rigel Resource Acquisition's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Rigel Resource Acquisition's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Rigel Resource Acquisition's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Rigel Resource Acquisition's FCF Yield % falls into.



Rigel Resource Acquisition FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Rigel Resource Acquisition's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1.724 / 351.4872
=-0.49%

Rigel Resource Acquisition's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.824 * 4 / 358.2219
=-0.92%

* 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.


Rigel Resource Acquisition FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Rigel Resource Acquisition FCF Yield % Related Terms

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Rigel Resource Acquisition (Rigel Resource Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1045 Avenue of the Americas, 7 Bryant Park, Floor 25, New York, NY, USA, 10018
Rigel Resource Acquisition Corp is a blank check company.
Executives
Rigel Resource Acquisition Holding Llc 10 percent owner C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Jeff Feeley officer: Chief Financial Officer C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Nathaniel Abebe director, officer: President C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Jonathan Lamb director, officer: Chief Executive Officer C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Peter O'hagan director C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Timothy Keating director C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Kelvin Dushinsky director C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Christine Coignard director C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Oskar Lewnowski director, 10 percent owner C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018

Rigel Resource Acquisition (Rigel Resource Acquisition) Headlines