Serabi Gold (LSE:SRB) Cash-to-Debt : 1.76 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Serabi 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. Serabi Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.76.

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

LSE:SRB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 1.2 Max: 16.62
Current: 1.76

During the past 13 years, Serabi Gold's highest Cash to Debt Ratio was 16.62. The lowest was 0.19. And the median was 1.20.

LSE:SRB's Cash-to-Debt is ranked worse than
64.17% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs LSE:SRB: 1.76

Serabi Gold Cash-to-Debt Historical Data

The historical data trend for Serabi 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.

* Premium members only.

Serabi Gold Cash-to-Debt Chart

Serabi Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.05

0.73

16.62

1.04

1.76

Serabi Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.04	1.16	1.93	2.36	1.76

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

For the Gold subindustry, Serabi 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.

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

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

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

Serabi 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.

Serabi Gold'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)
	=	9.126	/	(5.058	+	0.119)
	=	1.76

Serabi Gold'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)
	=	9.126	/	(5.058	+	0.119)
	=	1.76

Serabi Gold (LSE:SRB) 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.

Serabi Gold Cash-to-Debt Related Terms

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

Serabi Gold (LSE:SRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Serabi Gold PLC (LSE:SRB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SRBIF:USA B9O2:Germany SBI:Canada

Address

Cobham Park Road, The Long Barn, Downside, Surrey, GBR, KT11 3NE

Website

https://www.serabigold.com

Serabi Gold PLC is a gold exploration and production company. It is involved in the evaluation and development of gold deposits in Brazil. The Group has only one business activity namely the conduct of gold mining and exploration in Brazil. The company has two geographical segments namely Brazil and the UK. It generates maximum revenue from the Brazil region. The company projects include Palito, Sao Chico Gold Mines, Coringa, Jardim do Ouro and Tapajos Regional Exploration. It derives its majority revenue from the sale of gold.

Serabi Gold (LSE:SRB) Headlines

No Headlines