Rand Mining Balance Sheet Health
Financial Health criteria checks 6/6
Rand Mining has a total shareholder equity of A$97.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$102.3M and A$4.4M respectively. Rand Mining's EBIT is A$11.2M making its interest coverage ratio -163.3. It has cash and short-term investments of A$1.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -163.3x |
Cash | AU$1.85m |
Equity | AU$97.91m |
Total liabilities | AU$4.43m |
Total assets | AU$102.34m |
Recent financial health updates
No updates
Recent updates
Why We Think Rand Mining Limited's (ASX:RND) CEO Compensation Is Not Excessive At All
Nov 17Calculating The Intrinsic Value Of Rand Mining Limited (ASX:RND)
Nov 01Calculating The Fair Value Of Rand Mining Limited (ASX:RND)
May 11Rand Mining (ASX:RND) Will Pay A Dividend Of A$0.10
Oct 27Estimating The Intrinsic Value Of Rand Mining Limited (ASX:RND)
Jun 07Rand Mining (ASX:RND) Will Be Hoping To Turn Its Returns On Capital Around
Mar 22Estimating The Intrinsic Value Of Rand Mining Limited (ASX:RND)
Mar 01How Much Have Rand Mining (ASX:RND) Shareholders Earned On Their Investment Over The Last Three Years?
Feb 02Investors In Rand Mining Limited (ASX:RND) Should Consider This, First
Dec 29What We Learned About Rand Mining's (ASX:RND) CEO Pay
Nov 24Financial Position Analysis
Short Term Liabilities: RND's short term assets (A$78.6M) exceed its short term liabilities (A$2.1M).
Long Term Liabilities: RND's short term assets (A$78.6M) exceed its long term liabilities (A$2.4M).
Debt to Equity History and Analysis
Debt Level: RND is debt free.
Reducing Debt: RND had no debt 5 years ago.
Debt Coverage: RND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RND has no debt, therefore coverage of interest payments is not a concern.