Strategic Energy Resources (STU:EB8) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Strategic Energy Resources 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. Strategic Energy Resources'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, Strategic Energy Resources 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 Strategic Energy Resources's Cash-to-Debt or its related term are showing as below:

STU:EB8' s Cash-to-Debt Range Over the Past 10 Years
Min: 105 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Strategic Energy Resources's highest Cash to Debt Ratio was No Debt. The lowest was 105.00. And the median was No Debt.

STU:EB8's Cash-to-Debt is ranked better than
99.96% of 2605 companies
in the Metals & Mining industry
Industry Median: 17.81 vs STU:EB8: No Debt

Strategic Energy Resources Cash-to-Debt Historical Data

The historical data trend for Strategic Energy Resources'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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Strategic Energy Resources Cash-to-Debt Chart

Strategic Energy Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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96.50

No Debt

Strategic Energy Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Strategic Energy Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Strategic Energy Resources'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.

Strategic Energy Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Strategic Energy Resources's Cash-to-Debt falls into.

Strategic Energy Resources 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.

Strategic Energy Resources's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Strategic Energy Resources had no debt ⁽¹⁾.

Strategic Energy Resources's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Strategic Energy Resources had no debt ⁽¹⁾.

Strategic Energy Resources (STU:EB8) 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.

Strategic Energy Resources Cash-to-Debt Related Terms

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

Strategic Energy Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strategic Energy Resources Ltd (STU:EB8) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EB8:Germany SER:Australia

Address

100 Albert Road, Level 4, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.strategicenergy.com.au

Strategic Energy Resources Ltd is engaged in the exploration of minerals in Australia. Its projects include the Canobie Project, Isa North Copper-Gold Project, Mundi Project, West Koonenberry, Myall Creek, and the South Cobar Project among others. The company operates in one segment which is mineral exploration within Australia.

Strategic Energy Resources Headlines

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Strategic Energy Resources (STU:EB8) Cash-to-Debt : No Debt (1) (As of Dec. 2023)