SRM Entertainment (SRM Entertainment) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

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

SRM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 5000.15 Max: No Debt
Current: 22.41

During the past 2 years, SRM Entertainment's highest Cash to Debt Ratio was No Debt. The lowest was 0.30. And the median was 5000.15.

SRM's Cash-to-Debt is ranked better than
86.88% of 823 companies
in the Travel & Leisure industry
Industry Median: 0.58 vs SRM: 22.41

SRM Entertainment Cash-to-Debt Historical Data

The historical data trend for SRM Entertainment'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.

* Premium members only.

SRM Entertainment Cash-to-Debt Chart

SRM Entertainment Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

0.30

No Debt

SRM Entertainment Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.30	0.18	0.11	No Debt	No Debt

Competitive Comparison of SRM Entertainment's Cash-to-Debt

For the Leisure subindustry, SRM Entertainment'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.

SRM Entertainment's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SRM Entertainment's Cash-to-Debt distribution charts can be found below:

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

SRM Entertainment 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.

SRM Entertainment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

SRM Entertainment had no debt ⁽¹⁾.

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

SRM Entertainment had no debt ⁽¹⁾.

SRM Entertainment (NAS:SRM) 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.

SRM Entertainment Cash-to-Debt Related Terms

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

SRM Entertainment (SRM Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SRM Entertainment Inc (NAS:SRM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1061 E Indiantown Road, Suite 110, Jupiter, FL, USA, 33477

Website

https://www.srmentertainment.com

SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues. SRM has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's worldwide customer bases venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment.

Executives

Hans Haywood	director	1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477
Brian John	director, officer: Secretary	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Gary L Herman	director	720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
Douglas O Mckinnon	officer: Chief Financial Officer	2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Christopher Melton	director	C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Richard A Miller	director, officer: Chief Executive Officer	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Jupiter Wellness, Inc.	10 percent owner	1061 E. INDIANTOWN RD., STE. 110, JUPITER FL 33477
Taft Bryan Flittner	officer: President	1129 WILKINSON STREET, ORLANDO FL 32803
Deborah Lynn Mcdaniel-hand	officer: VP of Production Development	1425 WAKULLA WAY, ORLANDO FL 32839