GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Crown Royalties Inc (NEOE:SCRI) » Definitions » Financial Strength

Silver Crown Royalties (NEOE:SCRI) Financial Strength : 10 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Silver Crown Royalties Financial Strength?

Silver Crown Royalties has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Silver Crown Royalties Inc shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Silver Crown Royalties has no long-term debt (1). Silver Crown Royalties's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.00. As of today, Silver Crown Royalties's Altman Z-Score is 35.24.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Silver Crown Royalties's Financial Strength

For the Silver subindustry, Silver Crown Royalties's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Silver Crown Royalties's Financial Strength Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Silver Crown Royalties's Financial Strength distribution charts can be found below:

* The bar in red indicates where Silver Crown Royalties's Financial Strength falls into.


;
;

Silver Crown Royalties Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Silver Crown Royalties's Interest Expense for the months ended in Dec. 2024 was C$0.00 Mil. Its Operating Income for the months ended in Dec. 2024 was C$1.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil.

Silver Crown Royalties's Interest Coverage for the quarter that ended in Dec. 2024 is

Silver Crown Royalties had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Silver Crown Royalties Inc has no debt.

2. Debt to revenue ratio. The lower, the better.

Silver Crown Royalties's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.94
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Silver Crown Royalties has a Z-score of 35.24, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 35.24 is strong.

* 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.


Silver Crown Royalties  (NEOE:SCRI) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Silver Crown Royalties has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Silver Crown Royalties Financial Strength Related Terms

Thank you for viewing the detailed overview of Silver Crown Royalties's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Silver Crown Royalties Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 6200, Toronto, ON, CAN, M5X 1C8
Silver Crown Royalties Inc operates as a silver-only royalty company focused on silver as by-product credits. It provides capital to a mining entity to apply towards some aspect of their operation, such as exploration, mine development, or facility construction, in exchange for receipt of a percentage of the miner's silver production.
Executives
Peter Bures Director, Senior Officer

Silver Crown Royalties Headlines

No Headlines