But Stockbridge insists there is no need to raise cash just to keep the Scottish League One club going after they announced £14.4million operating losses for a 13-month period.
The accounts showed Rangers had £11.2m, which included £4.5m of 2013-14 season ticket sales, on June 30 despite raising £22m in a share issue last December.
But Stockbridge predicted far better financial results next year following cuts and the end of certain non-recurring expenditure.
He told Rangers TV: "It's not possible the club is going to into administration. The club is financially secure.
"We have got cash in the bank, we have no debt, we have got a clean audit report.
"As we go forward, of course there will be investment required to move the club forward as we go through the divisions and up.
"But we are not in financial distress, we don't need to raise cash at the moment."