Evolution Mining Balance Sheet Health
Financial Health criteria checks 2/6
Evolution Mining has a total shareholder equity of A$3.8B and total debt of A$1.9B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are A$8.2B and A$4.4B respectively. Evolution Mining's EBIT is A$404.8M making its interest coverage ratio 4.4. It has cash and short-term investments of A$191.0M.
Key information
49.5%
Debt to equity ratio
AU$1.91b
Debt
| Interest coverage ratio | 4.4x |
| Cash | AU$191.04m |
| Equity | AU$3.85b |
| Total liabilities | AU$4.40b |
| Total assets | AU$8.25b |
Recent financial health updates
Is Evolution Mining (ASX:EVN) Using Too Much Debt?
Sep 21
Is 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 14These 4 Measures Indicate That Evolution Mining (ASX:EVN) Is Using Debt Extensively
Sep 11These 4 Measures Indicate That Evolution Mining (ASX:EVN) Is Using Debt Reasonably Well
Jun 02Recent updates
Evolution 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 11These 4 Measures Indicate That Evolution Mining (ASX:EVN) Is Using Debt Reasonably Well
Jun 02These 4 Measures Indicate That Evolution Mining (ASX:EVN) Is Using Debt Reasonably Well
Mar 03Bullish: Analysts Just Made A Significant Upgrade To Their Evolution Mining Limited (ASX:EVN) Forecasts
Nov 25Here's Why I Think Evolution Mining (ASX:EVN) Might Deserve Your Attention Today
Nov 22Should You Be Adding Evolution Mining (ASX:EVN) To Your Watchlist Today?
Aug 24Financial Position Analysis
Short Term Liabilities: EVN's short term assets (A$744.6M) do not cover its short term liabilities (A$782.8M).
Long Term Liabilities: EVN's short term assets (A$744.6M) do not cover its long term liabilities (A$3.6B).
Debt to Equity History and Analysis
Debt Level: EVN's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: EVN's debt to equity ratio has increased from 15% to 49.5% over the past 5 years.
Debt Coverage: EVN's debt is well covered by operating cash flow (45.4%).
Interest Coverage: EVN's interest payments on its debt are well covered by EBIT (4.4x coverage).