Southern Silver Exploration (Southern Silver Exploration) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is Southern Silver Exploration 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. Southern Silver Exploration's cash to debt ratio for the quarter that ended in Jan. 2024 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, Southern Silver Exploration could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

(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 Southern Silver Exploration's Cash-to-Debt or its related term are showing as below:

SSVFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Southern Silver Exploration's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was No Debt.

SSVFF's Cash-to-Debt is ranked better than
99.96% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs SSVFF: No Debt

Southern Silver Exploration Cash-to-Debt Historical Data

The historical data trend for Southern Silver Exploration'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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Southern Silver Exploration Cash-to-Debt Chart

Southern Silver Exploration Annual Data

Trend

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Apr20

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Apr23

Cash-to-Debt

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No Debt

Southern Silver Exploration Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Southern Silver Exploration's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Southern Silver Exploration'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.

Southern Silver Exploration's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southern Silver Exploration's Cash-to-Debt falls into.

Southern Silver Exploration 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.

Southern Silver Exploration's Cash to Debt Ratio for the fiscal year that ended in Apr. 2023 is calculated as:

Southern Silver Exploration had no debt ⁽¹⁾.

Southern Silver Exploration's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Southern Silver Exploration had no debt ⁽¹⁾.

Southern Silver Exploration (OTCPK:SSVFF) 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.

Southern Silver Exploration Cash-to-Debt Related Terms

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Southern Silver Exploration (Southern Silver Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Silver Exploration Corp (OTCPK:SSVFF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SEG1:Germany SSV:Canada

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.southernsilverexploration.com

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas, El Sol, Hermanas and Oro. The Cerro Las Minitas property is a silver- lead-zinc property, which is in the northeast of the city of Durango in Durango State, Mexico. The Oro property is a gold-silver-copper- lead-zinc property, which is in the southwest of the Silver City porphyry copper district.