Savannah Resources (LSE:SAV) Cash-to-Debt : 161.18 (As of Dec. 2023)

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What is Savannah Resources 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. Savannah Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 161.18.

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, Savannah Resources could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:SAV' s Cash-to-Debt Range Over the Past 10 Years
Min: 79.58 Med: 312.41 Max: 13034
Current: 161.18

During the past 13 years, Savannah Resources's highest Cash to Debt Ratio was 13034.00. The lowest was 79.58. And the median was 312.41.

LSE:SAV's Cash-to-Debt is ranked better than
61.85% of 2645 companies
in the Metals & Mining industry
Industry Median: 18.37 vs LSE:SAV: 161.18

Savannah Resources Cash-to-Debt Historical Data

The historical data trend for Savannah Resources'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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Savannah Resources Cash-to-Debt Chart

Savannah Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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113.61

200.46

13,034.00

424.35

161.18

Savannah Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															13,034.00	590.69	424.35	346.21	161.18

Competitive Comparison of Savannah Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Savannah Resources'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.

Savannah Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Savannah Resources 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.

Savannah Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	9.026	/	(0.017	+	0.039)
	=	161.18

Savannah Resources's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	9.026	/	(0.017	+	0.039)
	=	161.18

Savannah Resources (LSE:SAV) 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.

Savannah Resources Cash-to-Debt Related Terms

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Savannah Resources (LSE:SAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Savannah Resources PLC (LSE:SAV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SAVNF:USA SAV:Germany

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.savannahresources.com

Savannah Resources PLC is a mineral resource development company. Its flagship asset is the wholly-owned Barros Lithium Project in northern Portugal. The project boasts the spodumene lithium resource in Western Europe and is an analog of the hard rock lithium deposits in Australia. Savannah is focused on the responsible development and operation of the Barroso Lithium Project to provide a long-term, local source of lithium raw material for Europe's rapidly developing lithium battery value chain. Alongside its development of the Barroso Lithium Project, the company maintains an active growth strategy and continues to target additional projects that add value and complement the existing portfolio.

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