Beacon Minerals Balance Sheet Health

Financial Health criteria checks 5/6

Beacon Minerals has a total shareholder equity of A$67.7M and total debt of A$9.4M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are A$112.6M and A$45.0M respectively. Beacon Minerals's EBIT is A$14.9M making its interest coverage ratio -67.9. It has cash and short-term investments of A$5.8M.

Key information

13.8%

Debt to equity ratio

AU$9.36m

Debt

Interest coverage ratio	-67.9x
Cash	AU$5.80m
Equity	AU$67.67m
Total liabilities	AU$44.97m
Total assets	AU$112.64m

Recent financial health updates

Recent updates

We Think Beacon Minerals' (ASX:BCN) Profit Is Only A Baseline For What They Can Achieve

Sep 07

Estimating The Fair Value Of Beacon Minerals Limited (ASX:BCN)

May 23

There's No Escaping Beacon Minerals Limited's (ASX:BCN) Muted Earnings Despite A 30% Share Price Rise

Apr 26

Here's Why It's Unlikely That Beacon Minerals Limited's (ASX:BCN) CEO Will See A Pay Rise This Year

Nov 20

A Look At The Intrinsic Value Of Beacon Minerals Limited (ASX:BCN)

Mar 29

Beacon Minerals (ASX:BCN) Is Reinvesting At Lower Rates Of Return

Jul 04

Beacon Minerals Limited's (ASX:BCN) Stock Is Going Strong: Have Financials A Role To Play?

Feb 15

Here's Why We Don't Think Beacon Minerals's (ASX:BCN) Statutory Earnings Reflect Its Underlying Earnings Potential

Jan 11

Financial Position Analysis

Short Term Liabilities: BCN's short term assets (A$18.9M) exceed its short term liabilities (A$10.9M).

Long Term Liabilities: BCN's short term assets (A$18.9M) do not cover its long term liabilities (A$34.1M).

Debt to Equity History and Analysis

Debt Level: BCN's net debt to equity ratio (5.3%) is considered satisfactory.

Reducing Debt: BCN's debt to equity ratio has reduced from 301% to 13.8% over the past 5 years.

Debt Coverage: BCN's debt is well covered by operating cash flow (396.6%).

Interest Coverage: BCN earns more interest than it pays, so coverage of interest payments is not a concern.

Beacon Minerals Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Beacon Minerals Limited Ordinary Shares to Be Deleted from OTC Equity

Recent updates

We Think Beacon Minerals' (ASX:BCN) Profit Is Only A Baseline For What They Can Achieve

Full year 2024 earnings released: EPS: AU$0.002 (vs AU$0.001 in FY 2023)

Now 23% undervalued after recent price drop

Now 24% undervalued

Estimating The Fair Value Of Beacon Minerals Limited (ASX:BCN)

Now 20% undervalued

There's No Escaping Beacon Minerals Limited's (ASX:BCN) Muted Earnings Despite A 30% Share Price Rise

Now 22% undervalued after recent price drop

Now 22% undervalued

New major risk - Dividend sustainability

Beacon Minerals Limited Ordinary Shares to Be Deleted from OTC Equity

Beacon Minerals Limited Declares Fully Franked Dividend, Payable on 8 December 2023

Here's Why It's Unlikely That Beacon Minerals Limited's (ASX:BCN) CEO Will See A Pay Rise This Year

Beacon Minerals Limited, Annual General Meeting, Nov 27, 2023

Now 20% undervalued after recent price drop

Full year 2023 earnings released: EPS: AU$0.001 (vs AU$0.004 in FY 2022)

New minor risk - Financial data availability

A Look At The Intrinsic Value Of Beacon Minerals Limited (ASX:BCN)

First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.002 in 1H 2022)

Beacon Minerals Limited (ASX:BCN) acquired 19.82% stake in Maximus Resources Limited (ASX:MXR) from Pantoro Limited (ASX:PNR) for AUD0.042 per share.

Beacon Minerals Limited (ASX:BCN) agreed to acquire 19.82% stake in Maximus Resources Limited (ASX:MXR) from Pantoro Limited (ASX:PNR) for AUD0.042 per share.

Executive Chairman & MD recently bought AU$459k worth of stock

Beacon Minerals Limited Declares Fully Franked Dividend, Payable on 9 December 2022

Less than half of directors are independent

Beacon Minerals Limited (ASX: BCN) has executed an Offer Letter to acquire mining lease M15/621 and miscellaneous licence L15/355 GEKO TENEMENTS from Habrok (Geko Pit) Pty Ltd for AUD 10.75 million.

Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.007 in FY 2021)

Beacon Minerals Limited Provides Production Guidance for the Fiscal Year 2023

Beacon Minerals (ASX:BCN) Is Reinvesting At Lower Rates Of Return

Less than half of directors are independent

Less than half of directors are independent

Beacon Minerals Limited Provides Jaurdi Gold Project October-November Production Update

Executive Chairman & MD recently bought AU$998k worth of stock

Full year 2021 earnings released: EPS AU$0.007 (vs AU$0.004 in FY 2020)

Beacon Minerals Limited Provides Forward Gold Sales Update

Beacon Minerals Limited Provides Exploration Update

Beacon Minerals Limited Announces Exploration Update, Further High Grades At Big Cat

Executive Chairman & MD exercised options to buy AU$998k worth of stock.

Executive Chairman & MD exercised options to buy AU$3.4m worth of stock.

Beacon Minerals Limited's (ASX:BCN) Stock Is Going Strong: Have Financials A Role To Play?

Executive Chairman & MD recently bought AU$72k worth of stock

Here's Why We Don't Think Beacon Minerals's (ASX:BCN) Statutory Earnings Reflect Its Underlying Earnings Potential

Beacon Minerals Limited Provides Update on its Recent Exploration Activities in the Black Cat and Lost Dog Areas at the 100% Owned Jaurdi Gold Project

Beacon Minerals Limited Announces Beacon Minerals Exploration Update

Beacon Minerals Limited Announces Executive Changes

Beacon Minerals Limited (ASX:BCN) entered into an agreement Mining lease ML16/529 from Fenton And Martin Mining Developments Pty Ltd. for AUD 0.1 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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