Beacon Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Beacon Minerals has a total shareholder equity of A$69.7M and total debt of A$3.1M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are A$105.5M and A$35.8M respectively. Beacon Minerals's EBIT is A$16.6M making its interest coverage ratio -38.9. It has cash and short-term investments of A$14.4M.
Key information
4.4%
Debt to equity ratio
AU$3.09m
Debt
Interest coverage ratio | -38.9x |
Cash | AU$14.35m |
Equity | AU$69.70m |
Total liabilities | AU$35.82m |
Total assets | AU$105.53m |
Recent financial health updates
Recent updates
There's No Escaping Beacon Minerals Limited's (ASX:BCN) Muted Earnings Despite A 30% Share Price Rise
Apr 26Here's Why It's Unlikely That Beacon Minerals Limited's (ASX:BCN) CEO Will See A Pay Rise This Year
Nov 20A Look At The Intrinsic Value Of Beacon Minerals Limited (ASX:BCN)
Mar 29Beacon Minerals (ASX:BCN) Is Reinvesting At Lower Rates Of Return
Jul 04Beacon Minerals Limited's (ASX:BCN) Stock Is Going Strong: Have Financials A Role To Play?
Feb 15Here's Why We Don't Think Beacon Minerals's (ASX:BCN) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 11Financial Position Analysis
Short Term Liabilities: BCN's short term assets (A$35.4M) exceed its short term liabilities (A$8.0M).
Long Term Liabilities: BCN's short term assets (A$35.4M) exceed its long term liabilities (A$27.8M).
Debt to Equity History and Analysis
Debt Level: BCN has more cash than its total debt.
Reducing Debt: BCN's debt to equity ratio has reduced from 759% to 4.4% over the past 5 years.
Debt Coverage: BCN's debt is well covered by operating cash flow (1433.2%).
Interest Coverage: BCN earns more interest than it pays, so coverage of interest payments is not a concern.