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SSR Mining (SSR Mining) Debt-to-Equity : 0.10 (As of Dec. 2023)


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What is SSR Mining Debt-to-Equity?

SSR Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7 Mil. SSR Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $314 Mil. SSR Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,373 Mil. SSR Mining's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SSR Mining's Debt-to-Equity or its related term are showing as below:

SSRM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.24   Max: 0.48
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of SSR Mining was 0.48. The lowest was 0.10. And the median was 0.24.

SSRM's Debt-to-Equity is ranked better than
54.32% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SSRM: 0.10

SSR Mining Debt-to-Equity Historical Data

The historical data trend for SSR Mining's Debt-to-Equity 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.

* Premium members only.

SSR Mining Debt-to-Equity Chart

SSR Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.17 0.14 0.11 0.10

SSR Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.11 0.10 0.09 0.10

Competitive Comparison of SSR Mining's Debt-to-Equity

For the Gold subindustry, SSR Mining's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


SSR Mining's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where SSR Mining's Debt-to-Equity falls into.



SSR Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SSR Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

SSR Mining's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


SSR Mining  (NAS:SSRM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


SSR Mining Debt-to-Equity Related Terms

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


SSR Mining (SSR Mining) Business Description

Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.
Executives
Arthur Michael Anglin director 20 EL CAMINO REAL, BERKELEY CA 94705
Alison Lynn White officer: Chief Financial Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
John Ebbett other: EVP, Growth and Innovation 6900 E. LAYTON AVE. SUITE 1300, DENVER CO 80237
Farid Fady Adel Edward officer: Chief Corp Development Officer 100 KING STREET WEST, STE 5600, TORONTO A6 M5X 1C9
Russell Farnsworth officer: Chief Accounting Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Michael John Sparks officer: Chief Legal & Admin Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Karen A Swager director C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 1200, TAMPA FL 33602
Rodney Antal director, officer: President & CEO 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
William K. Macnevin other: EVP, Ops & Sustainability 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Steward John Beckman officer: Chief Operating Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Leigh Ann Fisher director 3930 JACKSON BEND DRIVE, LOUISVILLE TN 37777
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
Edward C Dowling director 19 NEDS POINT ROAD, MATTAPOISETT MA 02739
Brian R Booth director 4957 EDENDALE COURT, WEST VANCOUVER A1 V7W 3H7