Serabi Gold Balance Sheet Health
Financial Health criteria checks 6/6
Serabi Gold has a total shareholder equity of $92.8M and total debt of $6.6M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are $115.2M and $22.5M respectively. Serabi Gold's EBIT is $7.4M making its interest coverage ratio 10. It has cash and short-term investments of $11.6M.
Key information
7.1%
Debt to equity ratio
US$6.55m
Debt
| Interest coverage ratio | 10x |
| Cash | US$11.55m |
| Equity | US$92.79m |
| Total liabilities | US$22.45m |
| Total assets | US$115.25m |
Recent financial health updates
We Think Serabi Gold (LON:SRB) Is Taking Some Risk With Its Debt
Nov 18
Is 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
Serabi 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 ($29.6M) exceed its short term liabilities ($15.7M).
Long Term Liabilities: SRB's short term assets ($29.6M) exceed its long term liabilities ($6.8M).
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 9.2% to 7.1% over the past 5 years.
Debt Coverage: SRB's debt is well covered by operating cash flow (184.5%).
Interest Coverage: SRB's interest payments on its debt are well covered by EBIT (10x coverage).