Starcore International Mines (Starcore International Mines) Cash-to-Debt : 17.42 (As of Jan. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Starcore International 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. Starcore International Mines's cash to debt ratio for the quarter that ended in Jan. 2023 was 17.42.

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, Starcore International Mines could pay off its debt using the cash in hand for the quarter that ended in Jan. 2023.

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

SHVLF's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.81
* Ranked among companies with meaningful Cash-to-Debt only.

Starcore International Mines Cash-to-Debt Historical Data

The historical data trend for Starcore International 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.

* Premium members only.

Starcore International Mines Cash-to-Debt Chart

Starcore International Mines Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Cash-to-Debt

Get a 7-Day Free Trial

1.74

0.56

0.43

5.46

10.37

Starcore International Mines Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Cash-to-Debt	Get a 7-Day Free Trial															9.51	10.37	13.26	15.05	17.42

Competitive Comparison of Starcore International Mines's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Starcore International 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.

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

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

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

Starcore International 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.

Starcore International Mines's Cash to Debt Ratio for the fiscal year that ended in Apr. 2022 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)
	=	7.373	/	(0.504	+	0.207)
	=	10.37

Starcore International Mines's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	5.557	/	(0.155	+	0.164)
	=	17.42

Starcore International Mines (OTCPK:SHVLF) 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.

Starcore International Mines Cash-to-Debt Related Terms

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

Starcore International Mines (Starcore International Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starcore International Mines Ltd (OTCPK:SHVLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

V4JA:Germany SAM:Canada

Address

580 Hornby Street, Suite 750 Box 113, Vancouver, BC, CAN, V6C 3B6

Website

https://www.starcore.com

Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico.

Starcore International Mines (Starcore International Mines) Headlines

From GuruFocus

Starcore International Mines to Webcast Live at VirtualInvestorConferences.com February 17th, 2021

By PRNewswire PRNewswire • 02-12-2021

Starcore: A Profitable Gold Miner Trading Below Book Value

By maarnio maarnio • 07-09-2014