Capricorn Metals Balance Sheet Health
Financial Health criteria checks 4/6
Capricorn Metals has a total shareholder equity of A$307.6M and total debt of A$50.7M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are A$618.7M and A$311.2M respectively. Capricorn Metals's EBIT is A$69.0M making its interest coverage ratio 26.3. It has cash and short-term investments of A$157.8M.
Key information
16.5%
Debt to equity ratio
AU$50.66m
Debt
| Interest coverage ratio | 26.3x |
| Cash | AU$157.77m |
| Equity | AU$307.56m |
| Total liabilities | AU$311.17m |
| Total assets | AU$618.73m |
Recent financial health updates
We Think Capricorn Metals (ASX:CMM) Can Stay On Top Of Its Debt
Apr 11
We Think Capricorn Metals (ASX:CMM) Can Stay On Top Of Its Debt
Oct 21Capricorn Metals (ASX:CMM) Seems To Use Debt Quite Sensibly
Oct 30We Think Capricorn Metals (ASX:CMM) Has A Fair Chunk Of Debt
Oct 05Capricorn Metals (ASX:CMM) Has Debt But No Earnings; Should You Worry?
Mar 18Recent updates
We Think Capricorn Metals (ASX:CMM) Can Stay On Top Of Its Debt
Apr 11Capricorn Metals Ltd's (ASX:CMM) Prospects Need A Boost To Lift Shares
Jan 25Capricorn Metals Ltd's (ASX:CMM) Intrinsic Value Is Potentially 95% Above Its Share Price
Jan 04Capricorn Metals (ASX:CMM) Might Have The Makings Of A Multi-Bagger
Dec 02We Think Capricorn Metals (ASX:CMM) Can Stay On Top Of Its Debt
Oct 21Capricorn Metals Ltd Just Missed Earnings - But Analysts Have Updated Their Models
Sep 09Investors Should Be Encouraged By Capricorn Metals' (ASX:CMM) Returns On Capital
Aug 24Capricorn Metals Ltd (ASX:CMM) Shares Could Be 50% Below Their Intrinsic Value Estimate
Aug 01With EPS Growth And More, Capricorn Metals (ASX:CMM) Makes An Interesting Case
Jul 13Shareholders Would Enjoy A Repeat Of Capricorn Metals' (ASX:CMM) Recent Growth In Returns
May 11An Intrinsic Calculation For Capricorn Metals Ltd (ASX:CMM) Suggests It's 20% Undervalued
Apr 25Capricorn Metals Ltd (ASX:CMM) Looks Just Right With A 27% Price Jump
Apr 07Capricorn Metals (ASX:CMM) Seems To Use Debt Quite Sensibly
Oct 30We Like These Underlying Return On Capital Trends At Capricorn Metals (ASX:CMM)
Jun 30We Think Shareholders Should Be Aware Of Some Factors Beyond Capricorn Metals' (ASX:CMM) Profit
Mar 21Is There An Opportunity With Capricorn Metals Ltd's (ASX:CMM) 35% Undervaluation?
Feb 11We Think Capricorn Metals (ASX:CMM) Has A Fair Chunk Of Debt
Oct 05Capricorn Metals (ASX:CMM) Has Debt But No Earnings; Should You Worry?
Mar 18Capricorn Metals Ltd (ASX:CMM) Is Expected To Breakeven In The Near Future
Feb 11
Did Capricorn Metals Ltd (ASX:CMM) Insiders Buy Up More Shares?
Jan 07Do Insiders Own Lots Of Shares In Capricorn Metals Ltd (ASX:CMM)?
Dec 03Financial Position Analysis
Short Term Liabilities: CMM's short term assets (A$183.1M) exceed its short term liabilities (A$48.4M).
Long Term Liabilities: CMM's short term assets (A$183.1M) do not cover its long term liabilities (A$262.7M).
Debt to Equity History and Analysis
Debt Level: CMM has more cash than its total debt.
Reducing Debt: CMM's debt to equity ratio has increased from 0% to 16.5% over the past 5 years.
Debt Coverage: CMM's debt is well covered by operating cash flow (330.8%).
Interest Coverage: CMM's interest payments on its debt are well covered by EBIT (26.3x coverage).