Rafex Gold (Rafex Gold) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Rafex 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. Rafex Gold's cash to debt ratio for the quarter that ended in Sep. 2023 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, Rafex Gold could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

RAFX' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 0 years, Rafex Gold's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

RAFX's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.37 vs RAFX: No Debt

Rafex Gold Cash-to-Debt Historical Data

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

Rafex Gold Annual Data

Trend

Cash-to-Debt

Rafex Gold Quarterly Data
	Sep22	Sep23
Cash-to-Debt	N/A	No Debt

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

For the Shell Companies subindustry, Rafex 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.

Rafex Gold's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Rafex Gold's Cash-to-Debt distribution charts can be found below:

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

Rafex 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.

Rafex Gold's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Rafex Gold's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Rafex Gold had no debt ⁽¹⁾.

Rafex Gold (OTCPK:RAFX) 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.

Rafex Gold Cash-to-Debt Related Terms

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

Rafex Gold (Rafex Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Rafex Gold Corp (OTCPK:RAFX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001

Website

https://sakhaenterprises.wordpress.com

Rafex Gold Corp, formerly Sakha Enterprises Corp is a shell company.

Rafex Gold (Rafex Gold) Headlines

No Headlines

Rafex Gold (Rafex Gold) Cash-to-Debt : No Debt (1) (As of Sep. 2023)