Silver Spike Investment (Silver Spike Investment) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Silver Spike Investment 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 Spike Investment'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, Silver Spike Investment 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 Silver Spike Investment's Cash-to-Debt or its related term are showing as below:

SSIC' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, Silver Spike Investment's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

SSIC's Cash-to-Debt is ranked better than
99.62% of 1047 companies
in the Drug Manufacturers industry
Industry Median: 0.94 vs SSIC: No Debt

Silver Spike Investment Cash-to-Debt Historical Data

The historical data trend for Silver Spike Investment'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 Spike Investment Cash-to-Debt Chart

Silver Spike Investment Annual Data

Trend

Mar21

Mar22

Dec23

Cash-to-Debt

N/A

No Debt

Silver Spike Investment Quarterly Data
	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				N/A	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Silver Spike Investment's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Silver Spike Investment'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 Spike Investment's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silver Spike Investment's Cash-to-Debt distribution charts can be found below:

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

Silver Spike Investment Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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 Spike Investment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Silver Spike Investment had no debt ⁽¹⁾.

Silver Spike Investment's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Silver Spike Investment had no debt ⁽¹⁾.

Silver Spike Investment (NAS:SSIC) 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 Spike Investment Cash-to-Debt Related Terms

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

Silver Spike Investment (Silver Spike Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Silver Spike Investment Corp (NAS:SSIC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Madison Avenue, Suite 1800, New York, NY, USA, 10022

Website

https://www.silverspikecap.com

Silver Spike Investment Corp is a closed-end management investment company formed to invest in companies across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately-held cannabis businesses.

Executives

Umesh Mahajan	officer: Chief Financial Officer	600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Scott Gordon	director, 10 percent owner, officer: Chief Executive Officer	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile	10 percent owner, officer: CFO, CCO & Sec.	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Capital, Llc	10 percent owner	600 MADISON AVE, SUITE 1800, NEW YORK NY 10022
Warson Tracey Brophy	director	1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Silver Spike Holdings, Lp	10 percent owner	600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Michael William Chorske	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Vivek Bunty Bohra	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Silver Spike Holdings Gp, Llc	10 percent owner	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Da Corte Americo	director	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065