SunMirror AG (WBO:ROR1) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is SunMirror AG 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. SunMirror AG'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, SunMirror AG 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 SunMirror AG's Cash-to-Debt or its related term are showing as below:

WBO:ROR1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: No Debt Max: No Debt
Current: No Debt

During the past 7 years, SunMirror AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.50. And the median was No Debt.

WBO:ROR1's Cash-to-Debt is ranked better than
99.92% of 2635 companies
in the Metals & Mining industry
Industry Median: 17.77 vs WBO:ROR1: No Debt

SunMirror AG Cash-to-Debt Historical Data

The historical data trend for SunMirror AG'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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SunMirror AG Cash-to-Debt Chart

SunMirror AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.50

1.59

No Debt

SunMirror AG Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	1.59	No Debt	No Debt	No Debt

Competitive Comparison of SunMirror AG's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, SunMirror AG'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.

SunMirror AG's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

SunMirror AG 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.

SunMirror AG's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

SunMirror AG had no debt ⁽¹⁾.

SunMirror AG's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

SunMirror AG had no debt ⁽¹⁾.

SunMirror AG (WBO:ROR1) 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.

SunMirror AG Cash-to-Debt Related Terms

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

SunMirror AG (WBO:ROR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SunMirror AG (WBO:ROR1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

General-Guisan-Strasse 6, Zug, CHE, 6300

Website

https://www.sunmirror.com

SunMirror AG is an investment company for natural resources with a focus on battery metals, iron ore and gold deposits. The company projects include Moolyella; Kingston Keith and Cape Lambert.

SunMirror AG (WBO:ROR1) Headlines

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SunMirror AG (WBO:ROR1) Cash-to-Debt : No Debt (1) (As of Dec. 2023)