Sabre Corpo (SABR)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 240.55 | 17.09 | 10.15 | 19.35 | 8.48 |
Sabre Corpo's solvency ratios indicate a strong financial position in terms of debt management. The Debt-to-assets ratio has consistently remained at 0.00 throughout the reporting periods, showcasing that the company's total debt is effectively offset by its total assets.
The Debt-to-capital ratio and Debt-to-equity ratio also show a favorable picture, with both ratios reported as "—", indicating that there is either no debt or the level of debt is negligible compared to the capital and equity of the company.
The Financial leverage ratio, which measures the extent of a company's financial leverage, had varied significantly in the earlier periods but has not been reported in the latter periods. The high ratio in some previous periods suggests that the company had a substantial amount of debt relative to its equity and capital, but the absence of recent data indicates a potential shift in the company's financing strategy.
Overall, Sabre Corpo's solvency ratios suggest that the company has managed its debt levels efficiently and is likely in a strong position to meet its financial obligations.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 0.55 | 0.57 | 0.28 | 0.13 | -0.09 | -0.34 | -0.35 | -0.70 | -0.43 | -0.76 | -1.23 | -1.52 | -2.68 | -2.98 | -3.29 | -4.16 | -4.65 | -3.99 | -2.46 | 0.29 |
Sabre Corpo's interest coverage ratio has shown a deteriorating trend over the past few years, indicating potential concerns regarding the company's ability to meet its interest payment obligations comfortably. The interest coverage ratio has been consistently below 1, with negative figures recorded for most of the periods from March 2020 to September 2023.
A ratio below 1 indicates that Sabre Corpo is not generating enough operating income to cover its interest expenses, which raises red flags about the company's financial health and solvency. The negative interest coverage ratios suggest that the company's earnings are insufficient to service its interest payments, putting it at risk of defaulting on its debt obligations.
However, there has been a slight improvement in the interest coverage ratio in the recent periods from March 2024 to December 2024, with figures slightly above 0. This improvement may indicate a positive trend in the company's ability to manage its interest expenses, although the ratio is still relatively low.
Overall, Sabre Corpo's interest coverage ratio reflects a challenging financial situation, highlighting the importance of closely monitoring the company's performance and financial stability to address its debt repayment capacity effectively.