McEwen Mining Balance Sheet Health
Financial Health criteria checks 3/6
McEwen Mining has a total shareholder equity of $482.5M and total debt of $40.0M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are $638.7M and $156.2M respectively.
Key information
8.3%
Debt to equity ratio
US$40.00m
Debt
Interest coverage ratio | n/a |
Cash | US$23.56m |
Equity | US$482.51m |
Total liabilities | US$156.21m |
Total assets | US$638.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUX's short term assets ($52.0M) exceed its short term liabilities ($37.9M).
Long Term Liabilities: MUX's short term assets ($52.0M) do not cover its long term liabilities ($118.3M).
Debt to Equity History and Analysis
Debt Level: MUX's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: MUX's debt to equity ratio has reduced from 9.9% to 8.3% over the past 5 years.
Debt Coverage: MUX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MUX's interest payments on its debt are well covered by EBIT.