Strategic Resources (TSXV:SR) Cash-to-Debt : 0.76 (As of Mar. 2023)

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What is Strategic 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 Resources's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.76.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Strategic Resources couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 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 Resources's Cash-to-Debt or its related term are showing as below:

TSXV:SR's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 18.37
* Ranked among companies with meaningful Cash-to-Debt only.

Strategic Resources Cash-to-Debt Historical Data

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

Strategic Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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No Debt

Strategic Resources Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	0.76

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

For the Other Industrial Metals & Mining subindustry, Strategic 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 Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Strategic 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 Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Strategic Resources had no debt ⁽¹⁾.

Strategic Resources's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	12.845	/	(0.627	+	16.27)
	=	0.76

Strategic Resources (TSXV:SR) 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 Resources Cash-to-Debt Related Terms

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Strategic Resources (TSXV:SR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strategic Resources Inc (TSXV:SR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SCCFF:USA

Address

1155 Metcalfe Street, Suite 1539, Montréal, QC, CAN, H3B 2V6

Website

https://www.strategic-res.com

Strategic Resources Inc is a mineral exploration and development company engaged in the acquisition, exploration, and development of vanadium, iron, titanium, and other metals for the electrification of the economy. The Company is focused on its flagship Mustavaara vanadium-iron-titanium project in Finland. Other project includes the construction-ready BlackRock Vanadium-Titanium-Iron Project in Quebec. The Group has one operating segment, being the acquisition, exploration and evaluation of mineral assets. The company operates in Canada and Finland.

Executives

Scott Victor Andrew Hicks

Director, Senior Officer