Savannah Resources (LSE:SAV) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Savannah Resources Debt-to-Equity?

Savannah Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.02 Mil. Savannah Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.04 Mil. Savannah Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £27.94 Mil. Savannah Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Savannah Resources's Debt-to-Equity or its related term are showing as below:

LSE:SAV's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Savannah Resources Debt-to-Equity Historical Data

The historical data trend for Savannah Resources's Debt-to-Equity 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.

* Premium members only.

Savannah Resources Debt-to-Equity Chart

Savannah Resources Annual Data

Trend

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Dec22

Dec23

Debt-to-Equity

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Savannah Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Savannah Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Savannah Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Savannah Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Savannah Resources's Debt-to-Equity falls into.

Savannah Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Savannah Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.017	+	0.039)	/	27.944
	=	0.00

Savannah Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.017	+	0.039)	/	27.944
	=	0.00

Savannah Resources (LSE:SAV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Savannah Resources Debt-to-Equity Related Terms

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Savannah Resources (LSE:SAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Savannah Resources PLC (LSE:SAV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SAVNF:USA SAV:Germany

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.savannahresources.com

Savannah Resources PLC is a mineral resource development company. Its flagship asset is the wholly-owned Barros Lithium Project in northern Portugal. The project boasts the spodumene lithium resource in Western Europe and is an analog of the hard rock lithium deposits in Australia. Savannah is focused on the responsible development and operation of the Barroso Lithium Project to provide a long-term, local source of lithium raw material for Europe's rapidly developing lithium battery value chain. Alongside its development of the Barroso Lithium Project, the company maintains an active growth strategy and continues to target additional projects that add value and complement the existing portfolio.

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