SilverCrest Mines (XSWX:SVL) Cash-to-Debt : 2.43 (As of Jun. 2015)

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What is SilverCrest Mines 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. SilverCrest Mines's cash to debt ratio for the quarter that ended in Jun. 2015 was 2.43.

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, SilverCrest Mines could pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

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

XSWX:SVL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.51 Med: No Debt Max: No Debt
Current: 2.43

During the past 13 years, SilverCrest Mines's highest Cash to Debt Ratio was No Debt. The lowest was 0.51. And the median was No Debt.

XSWX:SVL's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.42 vs XSWX:SVL: 2.43

SilverCrest Mines Cash-to-Debt Historical Data

The historical data trend for SilverCrest Mines'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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SilverCrest Mines Cash-to-Debt Chart

SilverCrest Mines Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

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0.79

No Debt

SilverCrest Mines Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	2.43

Competitive Comparison of SilverCrest Mines's Cash-to-Debt

For the Gold subindustry, SilverCrest Mines'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.

SilverCrest Mines's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

SilverCrest Mines 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.

SilverCrest Mines's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 is calculated as:

SilverCrest Mines had no debt ⁽¹⁾.

SilverCrest Mines's Cash to Debt Ratio for the quarter that ended in Jun. 2015 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)
	=	33.926	/	(0	+	13.982)
	=	2.43

SilverCrest Mines (XSWX:SVL) 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.

SilverCrest Mines Cash-to-Debt Related Terms

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SilverCrest Mines (XSWX:SVL) Business Description

Industry

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Address

Website

http://www.silvercrestmines.com

SilverCrest Mines Inc was incorporated on May 22, 1973 under the laws of Ontario as Equitable Mines Limited and changed its name to Magic Foods Inc. on July 24, 1985. The Company was continued on May 15, 1998 under the laws of British Columbia as "Lucre Ventures Ltd. The name of the Company was changed to "Strathclair Ventures Ltd." on September 5, 2001 and to "SilverCrest Mines Inc." on May 23, 2003. The Company is a Canadian precious metals producer with a silver and gold asset base and an operating mine located in Mexico. The Company's principal property is the 100% owned Santa Elena Project, which includes the Santa Elena Mine, located 150 kilometres northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The Santa Elena Mine is a high-grade, epithermal silver and gold deposit that is currently being operated as an open pit heap leach operation. The Company's other principal property is the La Joya Property in Durango state, Mexico which contains a large polymetallic deposit that is being explored with the aim of developing silver, copper, gold and tungsten resources. The Company also has a portfolio of other mineral properties, which comprise of the Cruz de Mayo Project (Mexico), the Ermitano Property (Mexico), the Silver Angel Project (Mexico) and the El Zapote Project (El Salvador).

SilverCrest Mines (XSWX:SVL) Headlines

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