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SSR Mining (TSX:SSRM) Debt-to-Revenue : 0.35 (As of Mar. 2024)


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What is SSR Mining Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

SSR Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$10 Mil. SSR Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$423 Mil. SSR Mining's annualized Revenue for the quarter that ended in Mar. 2024 was C$1,247 Mil. SSR Mining's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.35.


SSR Mining Debt-to-Revenue Historical Data

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

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SSR Mining Debt-to-Revenue Chart

SSR Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.65 0.33 0.35 0.23

SSR Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.31 0.31 0.22 0.19 0.35

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

For the Gold subindustry, SSR Mining's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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-Revenue Distribution in the Metals & Mining Industry

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

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



SSR Mining Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

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

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9.418 + 420.802) / 1914.365
=0.22

SSR Mining's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9.684 + 423.375) / 1246.58
=0.35

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


SSR Mining Debt-to-Revenue Related Terms

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SSR Mining (TSX:SSRM) Business Description

Traded in Other Exchanges
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.

SSR Mining (TSX:SSRM) Headlines