Ramelius Resources Balance Sheet Health
Financial Health criteria checks 6/6
Ramelius Resources has a total shareholder equity of A$1.1B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.4B and A$239.7M respectively. Ramelius Resources's EBIT is A$103.5M making its interest coverage ratio -22.3. It has cash and short-term investments of A$249.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -22.3x |
| Cash | AU$249.32m |
| Equity | AU$1.15b |
| Total liabilities | AU$239.70m |
| Total assets | AU$1.39b |
Recent financial health updates
Recent updates
There's No Escaping Ramelius Resources Limited's (ASX:RMS) Muted Revenues Despite A 26% Share Price Rise
Apr 06
Ramelius Resources Limited's (ASX:RMS) Share Price Matching Investor Opinion
Jan 30Are Investors Undervaluing Ramelius Resources Limited (ASX:RMS) By 29%?
Dec 07Here's Why Shareholders Should Examine Ramelius Resources Limited's (ASX:RMS) CEO Compensation Package More Closely
Nov 16Is There An Opportunity With Ramelius Resources Limited's (ASX:RMS) 45% Undervaluation?
Apr 11We Think Ramelius Resources Limited's (ASX:RMS) CEO Compensation Package Needs To Be Put Under A Microscope
Nov 17An Intrinsic Calculation For Ramelius Resources Limited (ASX:RMS) Suggests It's 26% Undervalued
Dec 18Here's Why I Think Ramelius Resources (ASX:RMS) Is An Interesting Stock
Jul 07Is Ramelius Resources (ASX:RMS) Using Too Much Debt?
Mar 15Trade Alert: The Independent Non-Executive Director Of Ramelius Resources Limited (ASX:RMS), Michael Bohm, Has Just Spent AU$125k Buying 25% More Shares
Feb 27Ramelius Resources Limited (ASX:RMS) Just Released Its Half-Year Earnings: Here's What Analysts Think
Feb 24If You Like EPS Growth Then Check Out Ramelius Resources (ASX:RMS) Before It's Too Late
Feb 15Declining Stock and Solid Fundamentals: Is The Market Wrong About Ramelius Resources Limited (ASX:RMS)?
Feb 02Can You Imagine How Elated Ramelius Resources' (ASX:RMS) Shareholders Feel About Its 536% Share Price Gain?
Jan 20
Did Ramelius Resources Limited (ASX:RMS) Insiders Sell Shares?
Jan 07What Kind Of Shareholders Hold The Majority In Ramelius Resources Limited's (ASX:RMS) Shares?
Dec 25What We Learned About Ramelius Resources' (ASX:RMS) CEO Pay
Dec 13Should You Rely On Ramelius Resources's (ASX:RMS) Earnings Growth?
Nov 30Financial Position Analysis
Short Term Liabilities: RMS's short term assets (A$415.3M) exceed its short term liabilities (A$121.1M).
Long Term Liabilities: RMS's short term assets (A$415.3M) exceed its long term liabilities (A$118.6M).
Debt to Equity History and Analysis
Debt Level: RMS is debt free.
Reducing Debt: RMS had no debt 5 years ago.
Debt Coverage: RMS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RMS has no debt, therefore coverage of interest payments is not a concern.