Evolution Mining Balance Sheet Health
Financial Health criteria checks 4/6
Evolution Mining has a total shareholder equity of A$4.1B and total debt of A$1.9B, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are A$8.8B and A$4.7B respectively. Evolution Mining's EBIT is A$824.9M making its interest coverage ratio 5.7. It has cash and short-term investments of A$403.3M.
Key information
46.9%
Debt to equity ratio
AU$1.94b
Debt
| Interest coverage ratio | 5.7x |
| Cash | AU$403.33m |
| Equity | AU$4.14b |
| Total liabilities | AU$4.68b |
| Total assets | AU$8.82b |
Recent financial health updates
Is Evolution Mining (ASX:EVN) A Risky Investment?
Oct 24
Does Evolution Mining (ASX:EVN) Have A Healthy Balance Sheet?
May 03Is Evolution Mining (ASX:EVN) Using Too Much Debt?
Sep 21Is Evolution Mining (ASX:EVN) Using Too Much Debt?
Jun 22Does Evolution Mining (ASX:EVN) Have A Healthy Balance Sheet?
Mar 19Evolution Mining (ASX:EVN) Has A Somewhat Strained Balance Sheet
Dec 14Recent updates
Is Evolution Mining (ASX:EVN) A Risky Investment?
Oct 24Investors Still Waiting For A Pull Back In Evolution Mining Limited (ASX:EVN)
Sep 21Investors Shouldn't Be Too Comfortable With Evolution Mining's (ASX:EVN) Earnings
Aug 21Evolution Mining Limited Just Recorded A 8.2% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 17Does Evolution Mining (ASX:EVN) Have A Healthy Balance Sheet?
May 03Evolution Mining Limited's (ASX:EVN) P/E Is Still On The Mark Following 28% Share Price Bounce
Apr 02An Intrinsic Calculation For Evolution Mining Limited (ASX:EVN) Suggests It's 30% Undervalued
Mar 06There May Be Reason For Hope In Evolution Mining's (ASX:EVN) Disappointing Earnings
Feb 20Evolution Mining Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 15Evolution Mining Limited (ASX:EVN) Not Flying Under The Radar
Jan 04Estimating The Fair Value Of Evolution Mining Limited (ASX:EVN)
Nov 28Is Evolution Mining (ASX:EVN) Using Too Much Debt?
Sep 21Is Evolution Mining Limited (ASX:EVN) Expensive For A Reason? A Look At Its Intrinsic Value
Aug 30Is Evolution Mining (ASX:EVN) Using Too Much Debt?
Jun 22Calculating The Fair Value Of Evolution Mining Limited (ASX:EVN)
May 12Does Evolution Mining (ASX:EVN) Have A Healthy Balance Sheet?
Mar 19Are Investors Undervaluing Evolution Mining Limited (ASX:EVN) By 28%?
Feb 10Evolution Mining (ASX:EVN) Has A Somewhat Strained Balance Sheet
Dec 14These 4 Measures Indicate That Evolution Mining (ASX:EVN) Is Using Debt Extensively
Sep 11Financial Position Analysis
Short Term Liabilities: EVN's short term assets (A$1.1B) exceed its short term liabilities (A$979.6M).
Long Term Liabilities: EVN's short term assets (A$1.1B) do not cover its long term liabilities (A$3.7B).
Debt to Equity History and Analysis
Debt Level: EVN's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: EVN's debt to equity ratio has increased from 12.2% to 46.9% over the past 5 years.
Debt Coverage: EVN's debt is well covered by operating cash flow (66%).
Interest Coverage: EVN's interest payments on its debt are well covered by EBIT (5.7x coverage).