Lynas Rare Earths Financial Health
How is Lynas Rare Earths's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: LYC's short term assets (A$1.2B) exceed its short term liabilities (A$123.6M).
Long Term Liabilities: LYC's short term assets (A$1.2B) exceed its long term liabilities (A$292.4M).
Debt to Equity History and Analysis
Debt Level: LYC has more cash than its total debt.
Reducing Debt: LYC's debt to equity ratio has reduced from 439.9% to 11.4% over the past 5 years.
Debt Coverage: LYC's debt is well covered by operating cash flow (246.3%).
Interest Coverage: LYC's interest payments on its debt are well covered by EBIT (433.5x coverage).