Sabre Corpo (SABR)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | — | — | — | 0.00 |
| Debt-to-equity ratio | — | — | — | — | 0.00 |
| Financial leverage ratio | — | — | — | — | 17.09 |
Sabre Corpo demonstrates a strong solvency position based on its solvency ratios. The Debt-to-assets ratio has consistently remained at 0.00% from 2020 to 2024, indicating that the company has no debt relative to its total assets during this period. This suggests that Sabre Corpo has a low level of financial risk associated with debt obligations and possesses a healthy balance sheet structure.
However, the Debt-to-capital ratio, Debt-to-equity ratio, and Financial leverage ratio are not available for the years 2021 to 2024, denoted by the symbol "—". This lack of data makes it challenging to assess Sabre Corpo's leverage and capital structure trends over the years. It is important for stakeholders to obtain more recent information on these ratios to have a comprehensive understanding of the company's financial leverage and debt-to-equity composition.
Overall, the consistent 0.00% Debt-to-assets ratio from 2020 to 2024 reflects Sabre Corpo's prudent approach to managing its debt levels and maintaining a strong solvency position. However, further insights into the company's debt-to-capital, debt-to-equity, and financial leverage ratios for the later years would enhance the evaluation of its overall solvency profile and financial health.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | 0.45 | -0.09 | -0.43 | -2.69 | -4.65 |
The interest coverage ratio is a financial metric that indicates a company's ability to meet its interest payments on outstanding debt. A higher interest coverage ratio is generally favorable as it suggests the company is generating enough operating income to cover its interest expenses.
In the case of Sabre Corpo, the trend in the interest coverage ratio from 2020 to 2024 has been declining. The interest coverage ratio for Sabre Corpo was -4.65 in 2020, indicating that the company's operating income was not sufficient to cover its interest expenses nearly five times over. This ratio decreased further to -2.69 in 2021, -0.43 in 2022, and then to -0.09 in 2023, indicating a worsening ability to meet interest payments.
However, there was a slight improvement in 2024, with the interest coverage ratio increasing to 0.45. While this improvement is positive, the ratio is still below 1, suggesting that Sabre Corpo may still be struggling to cover its interest payments with its operating income.
Overall, Sabre Corpo's interest coverage ratio has been concerning, reflecting potential financial distress and a reliance on external financing to cover interest expenses. The company may need to address this issue by improving its operating profitability or restructuring its debt to enhance its financial stability.