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Sabine Royalty Trust (Sabine Royalty Trust) Cash-to-Debt

: No Debt (1) (As of Dec. 2023)
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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. Sabine Royalty Trust's cash to debt ratio for the quarter that ended in Dec. 2023 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, Sabine Royalty Trust could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Sabine Royalty Trust's Cash-to-Debt or its related term are showing as below:

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

During the past 13 years, Sabine Royalty Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

SBR's Cash-to-Debt is ranked better than
99.9% of 1022 companies
in the Oil & Gas industry
Industry Median: 0.5 vs SBR: No Debt

Sabine Royalty Trust Cash-to-Debt Historical Data

The historical data trend for Sabine Royalty Trust'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.

Sabine Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Sabine Royalty Trust 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison

For the Oil & Gas E&P subindustry, Sabine Royalty Trust'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.


Sabine Royalty Trust Cash-to-Debt Distribution

For the Oil & Gas industry and Energy sector, Sabine Royalty Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sabine Royalty Trust's Cash-to-Debt falls into.



Sabine Royalty Trust 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.

Sabine Royalty Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Sabine Royalty Trust had no debt (1).

Sabine Royalty Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Sabine Royalty Trust had no debt (1).

* 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.


Sabine Royalty Trust  (NYSE:SBR) 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.


Sabine Royalty Trust Cash-to-Debt Related Terms

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Sabine Royalty Trust (Sabine Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
2911 Turtle Creek Boulevard, Simmons Bank, Suite 850, Dallas, TX, USA, 75219
Sabine Royalty Trust is an express trust which is formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interest, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.

Sabine Royalty Trust (Sabine Royalty Trust) Headlines