Sierra Madre Gold And Silver (TSXV:SM) Cash-to-Debt : 0.31 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Sierra Madre Gold And Silver 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. Sierra Madre Gold And Silver's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.31.

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, Sierra Madre Gold And Silver couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Sierra Madre Gold And Silver's Cash-to-Debt or its related term are showing as below:

TSXV:SM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: No Debt Max: No Debt
Current: 0.31

During the past 4 years, Sierra Madre Gold And Silver's highest Cash to Debt Ratio was No Debt. The lowest was 0.31. And the median was No Debt.

TSXV:SM's Cash-to-Debt is ranked worse than
80.64% of 2639 companies
in the Metals & Mining industry
Industry Median: 18.64 vs TSXV:SM: 0.31

Sierra Madre Gold And Silver Cash-to-Debt Historical Data

The historical data trend for Sierra Madre Gold And Silver'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.

Sierra Madre Gold And Silver Cash-to-Debt Chart

Sierra Madre Gold And Silver Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

4.44

129.45

Sierra Madre Gold And Silver Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial													139.16	154.26	129.45	37.24	0.31

Competitive Comparison of Sierra Madre Gold And Silver's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Sierra Madre Gold And Silver'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.

Sierra Madre Gold And Silver's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sierra Madre Gold And Silver's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sierra Madre Gold And Silver's Cash-to-Debt falls into.

Sierra Madre Gold And Silver 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.

Sierra Madre Gold And Silver's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	2.589	/	(0.012	+	0.008)
	=	129.45

Sierra Madre Gold And Silver's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	2.171	/	(0.011	+	7.016)
	=	0.31

Sierra Madre Gold And Silver (TSXV:SM) 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.

Sierra Madre Gold And Silver Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Sierra Madre Gold And Silver's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Sierra Madre Gold And Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sierra Madre Gold And Silver Ltd (TSXV:SM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SMDRF:USA 409:Germany 409:Germany

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.sierramadregoldandsilver.com

Sierra Madre Gold And Silver Ltd is engaged in the business of mineral exploration and development in Canada and Mexico. The company's projects include the La Guitarra project, the Tepic project, and the La Tigra project.

Executives

Alexander Langer

Director