Lynas Rare Earths Balance Sheet Health
Financial Health criteria checks 6/6
Lynas Rare Earths has a total shareholder equity of A$2.2B and total debt of A$171.8M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are A$2.8B and A$562.1M respectively. Lynas Rare Earths's EBIT is A$61.8M making its interest coverage ratio -1.6. It has cash and short-term investments of A$523.8M.
Key information
7.7%
Debt to equity ratio
AU$171.84m
Debt
| Interest coverage ratio | -1.6x |
| Cash | AU$523.84m |
| Equity | AU$2.24b |
| Total liabilities | AU$562.12m |
| Total assets | AU$2.80b |
Recent financial health updates
Is Lynas Rare Earths (ASX:LYC) A Risky Investment?
Jun 19
Here's Why Lynas Rare Earths (ASX:LYC) Has A Meaningful Debt Burden
Mar 14Is Lynas Rare Earths (ASX:LYC) Using Too Much Debt?
Sep 16Lynas Rare Earths (ASX:LYC) Seems To Use Debt Rather Sparingly
Apr 08Lynas Rare Earths (ASX:LYC) Could Easily Take On More Debt
Sep 17Does Lynas Rare Earths (ASX:LYC) Have A Healthy Balance Sheet?
Mar 25Recent updates
We Discuss Why Lynas Rare Earths Limited's (ASX:LYC) CEO Compensation May Be Closely Reviewed
Nov 20There Are Reasons To Feel Uneasy About Lynas Rare Earths' (ASX:LYC) Returns On Capital
Sep 26Lynas Rare Earths Limited's (ASX:LYC) Price In Tune With Earnings
Jul 12Is Lynas Rare Earths (ASX:LYC) A Risky Investment?
Jun 19Lynas Rare Earths (ASX:LYC) Hasn't Managed To Accelerate Its Returns
May 01Here's Why Lynas Rare Earths (ASX:LYC) Has A Meaningful Debt Burden
Mar 14Investors Continue Waiting On Sidelines For Lynas Rare Earths Limited (ASX:LYC)
Jan 31Lynas Rare Earths (ASX:LYC) Has Some Way To Go To Become A Multi-Bagger
Dec 27The Lynas Rare Earths Limited (ASX:LYC) Analysts Have Been Trimming Their Sales Forecasts
Oct 23Is Lynas Rare Earths (ASX:LYC) Using Too Much Debt?
Sep 16Estimating The Intrinsic Value Of Lynas Rare Earths Limited (ASX:LYC)
Jul 26Lynas Rare Earths (ASX:LYC) Is Very Good At Capital Allocation
Jul 05Here's Why We Think Lynas Rare Earths (ASX:LYC) Might Deserve Your Attention Today
Jun 06Calculating The Fair Value Of Lynas Rare Earths Limited (ASX:LYC)
Apr 26Lynas Rare Earths (ASX:LYC) Seems To Use Debt Rather Sparingly
Apr 08Lynas Rare Earths (ASX:LYC) Is Investing Its Capital With Increasing Efficiency
Mar 23Here's Why Lynas Rare Earths (ASX:LYC) Has Caught The Eye Of Investors
Feb 22Calculating The Fair Value Of Lynas Rare Earths Limited (ASX:LYC)
Jan 25Under The Bonnet, Lynas Rare Earths' (ASX:LYC) Returns Look Impressive
Dec 15The Compensation For Lynas Rare Earths Limited's (ASX:LYC) CEO Looks Deserved And Here's Why
Nov 22Lynas Rare Earths (ASX:LYC) Could Easily Take On More Debt
Sep 17Why We Like The Returns At Lynas Rare Earths (ASX:LYC)
Sep 02With EPS Growth And More, Lynas Rare Earths (ASX:LYC) Makes An Interesting Case
Aug 17Estimating The Fair Value Of Lynas Rare Earths Limited (ASX:LYC)
Jun 14Investors Will Want Lynas Rare Earths' (ASX:LYC) Growth In ROCE To Persist
May 27Does Lynas Rare Earths (ASX:LYC) Have A Healthy Balance Sheet?
Mar 25Analysts Are Betting On Lynas Rare Earths Limited (ASX:LYC) With A Big Upgrade This Week
Mar 10A Look At The Intrinsic Value Of Lynas Rare Earths Limited (ASX:LYC)
Feb 27Returns On Capital Are Showing Encouraging Signs At Lynas Rare Earths (ASX:LYC)
Feb 07Lynas Rare Earths Limited's (ASX:LYC) CEO Looks Like They Deserve Their Pay Packet
Nov 22Lynas Rare Earths' (ASX:LYC) Returns On Capital Are Heading Higher
Oct 31Lynas Rare Earths Limited (ASX:LYC) Shares Could Be 24% Below Their Intrinsic Value Estimate
Oct 05Lynas Rare Earths' (ASX:LYC) Solid Profits Have Weak Fundamentals
Sep 03Lynas Rare Earths (ASX:LYC) Is Doing The Right Things To Multiply Its Share Price
Jul 19Lynas Rare Earths (ASX:LYC) Has A Pretty Healthy Balance Sheet
May 23Financial Position Analysis
Short Term Liabilities: LYC's short term assets (A$707.3M) exceed its short term liabilities (A$169.3M).
Long Term Liabilities: LYC's short term assets (A$707.3M) exceed its long term liabilities (A$392.8M).
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 35.5% to 7.7% over the past 5 years.
Debt Coverage: LYC's debt is well covered by operating cash flow (20.3%).
Interest Coverage: LYC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lynas Rare Earths Limited is covered by 34 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Harrowell | APP Securities Pty Ltd. |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Daniel Morgan | Barrenjoey Markets Pty Limited |