NYSE:BVNMetals and Mining
Does Buenaventura’s (BVN) Strong EBIT Growth Offset Weak Cash Flow Conversion for Investors?
Recently, Compañía de Minas BuenaventuraA reported a very large increase in EBIT alongside management of net debt at just 0.44 times EBITDA and strong interest coverage, but with weaker free cash flow conversion at 32% of EBIT.
This combination of improved earnings and prudent debt use versus less robust cash flow generation offers a nuanced view of the company's financial flexibility moving forward.
We'll examine how the strong earnings growth paired with weaker cash flow conversion could...