Silver Scott Mines (Silver Scott Mines) Cash-to-Debt : 0.34 (As of Sep. 2023)

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What is Silver Scott Mines 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. Silver Scott Mines's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.34.

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, Silver Scott Mines couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Silver Scott Mines's Cash-to-Debt or its related term are showing as below:

SILS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: 0.34 Max: 0.34
Current: 0.34

During the past 0 years, Silver Scott Mines's highest Cash to Debt Ratio was 0.34. The lowest was 0.34. And the median was 0.34.

SILS's Cash-to-Debt is ranked worse than
78.87% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.3 vs SILS: 0.34

Silver Scott Mines Cash-to-Debt Historical Data

The historical data trend for Silver Scott Mines'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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Silver Scott Mines Cash-to-Debt Chart

Silver Scott Mines Annual Data

Trend

Cash-to-Debt

Silver Scott Mines Semi-Annual Data
	Sep22	Sep23
Cash-to-Debt	N/A	0.34

Competitive Comparison of Silver Scott Mines's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Silver Scott Mines'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.

Silver Scott Mines's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Scott Mines's Cash-to-Debt falls into.

Silver Scott Mines 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.

Silver Scott Mines's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Silver Scott Mines's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.011	/	(0.032	+	0)
	=	0.34

Silver Scott Mines (OTCPK:SILS) 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.

Silver Scott Mines Cash-to-Debt Related Terms

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Silver Scott Mines (Silver Scott Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Scott Mines Inc (OTCPK:SILS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8296 Portofino Drive, Unit 205, Championsgate, FL, USA, 33896

Website

http://www.silverscottmines.com

Silver Scott Mines Inc is a holding company owning assets in the digital currency, DeFI, blockchain, and Web3.0 verticals. It uses a subscription based model to offer online cryptocurrency education and mentoring services through its Dr. Crypto Pro membership program.

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