Minsur Balance Sheet Health
Financial Health criteria checks 5/6
Minsur has a total shareholder equity of $2.5B and total debt of $1.3B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are $4.7B and $2.3B respectively. Minsur's EBIT is $886.5M making its interest coverage ratio 14.3. It has cash and short-term investments of $318.7M.
Key information
51.5%
Debt to equity ratio
US$1.27b
Debt
Interest coverage ratio | 14.3x |
Cash | US$318.67m |
Equity | US$2.46b |
Total liabilities | US$2.27b |
Total assets | US$4.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MINSURI1's short term assets ($888.4M) exceed its short term liabilities ($611.6M).
Long Term Liabilities: MINSURI1's short term assets ($888.4M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: MINSURI1's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: MINSURI1's debt to equity ratio has reduced from 52.6% to 51.5% over the past 5 years.
Debt Coverage: MINSURI1's debt is well covered by operating cash flow (72.7%).
Interest Coverage: MINSURI1's interest payments on its debt are well covered by EBIT (14.3x coverage).