Serabi Gold Balance Sheet Health
Financial Health criteria checks 6/6
Serabi Gold has a total shareholder equity of $103.4M and total debt of $6.0M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are $126.6M and $23.1M respectively. Serabi Gold's EBIT is $22.2M making its interest coverage ratio 48.9. It has cash and short-term investments of $20.0M.
Key information
5.8%
Debt to equity ratio
US$6.02m
Debt
| Interest coverage ratio | 48.9x |
| Cash | US$20.03m |
| Equity | US$103.44m |
| Total liabilities | US$23.13m |
| Total assets | US$126.57m |
Recent financial health updates
Is Serabi Gold (LON:SRB) A Risky Investment?
Jun 08
We Think Serabi Gold (LON:SRB) Is Taking Some Risk With Its Debt
Nov 18Is Serabi Gold (LON:SRB) Using Too Much Debt?
Aug 09Is Serabi Gold (LON:SRB) Using Too Much Debt?
Sep 17Does Serabi Gold (LON:SRB) Have A Healthy Balance Sheet?
Dec 15Recent updates
Further Upside For Serabi Gold plc (LON:SRB) Shares Could Introduce Price Risks After 28% Bounce
Dec 26Serabi Gold (LON:SRB) Is Investing Its Capital With Increasing Efficiency
Dec 13Market Might Still Lack Some Conviction On Serabi Gold plc (LON:SRB) Even After 28% Share Price Boost
Nov 05Serabi Gold plc's (LON:SRB) Shares Leap 29% Yet They're Still Not Telling The Full Story
Sep 14Serabi Gold (LON:SRB) Is Experiencing Growth In Returns On Capital
Aug 22Is Serabi Gold (LON:SRB) A Risky Investment?
Jun 08Serabi Gold plc (LON:SRB) Held Back By Insufficient Growth Even After Shares Climb 28%
Feb 29Returns On Capital Are Showing Encouraging Signs At Serabi Gold (LON:SRB)
Feb 07Serabi Gold plc (LON:SRB) Shares Fly 26% But Investors Aren't Buying For Growth
Jan 03We Think Serabi Gold (LON:SRB) Is Taking Some Risk With Its Debt
Nov 18There's Been No Shortage Of Growth Recently For Serabi Gold's (LON:SRB) Returns On Capital
Sep 20Is Serabi Gold (LON:SRB) Using Too Much Debt?
Aug 09We Like These Underlying Return On Capital Trends At Serabi Gold (LON:SRB)
Nov 10Is Serabi Gold (LON:SRB) Using Too Much Debt?
Sep 17Investors Will Want Serabi Gold's (LON:SRB) Growth In ROCE To Persist
Aug 10There's Been No Shortage Of Growth Recently For Serabi Gold's (LON:SRB) Returns On Capital
Apr 13Why Investors Shouldn't Be Surprised By Serabi Gold plc's (LON:SRB) 26% Share Price Plunge
Dec 21Serabi Gold (LON:SRB) Shareholders Will Want The ROCE Trajectory To Continue
Dec 09We Like Serabi Gold's (LON:SRB) Returns And Here's How They're Trending
Mar 10Serabi Gold plc's (LON:SRB) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 10The Serabi Gold (LON:SRB) Share Price Has Gained 66% And Shareholders Are Hoping For More
Jan 12
Does Serabi Gold (LON:SRB) Have A Healthy Balance Sheet?
Dec 15These Trends Paint A Bright Future For Serabi Gold (LON:SRB)
Nov 24Financial Position Analysis
Short Term Liabilities: SRB's short term assets ($36.1M) exceed its short term liabilities ($17.0M).
Long Term Liabilities: SRB's short term assets ($36.1M) exceed its long term liabilities ($6.1M).
Debt to Equity History and Analysis
Debt Level: SRB has more cash than its total debt.
Reducing Debt: SRB's debt to equity ratio has reduced from 10.2% to 5.8% over the past 5 years.
Debt Coverage: SRB's debt is well covered by operating cash flow (364.1%).
Interest Coverage: SRB's interest payments on its debt are well covered by EBIT (48.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 13:27 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Serabi Gold plc is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Heyhoe | Brandon Hill Capital |
| Peter Mallin-Jones | Peel Hunt LLP |
| Alexandra Gorman | Peel Hunt LLP |