Regis Resources Balance Sheet Health
Financial Health criteria checks 3/6
Regis Resources has a total shareholder equity of A$1.4B and total debt of A$296.7M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are A$2.3B and A$812.2M respectively. Regis Resources's EBIT is A$12.2M making its interest coverage ratio 0.6. It has cash and short-term investments of A$55.6M.
Key information
20.5%
Debt to equity ratio
AU$296.74m
Debt
| Interest coverage ratio | 0.6x |
| Cash | AU$55.60m |
| Equity | AU$1.45b |
| Total liabilities | AU$812.16m |
| Total assets | AU$2.26b |
Recent financial health updates
Does Regis Resources (ASX:RRL) Have A Healthy Balance Sheet?
Feb 24
Regis Resources (ASX:RRL) Is Carrying A Fair Bit Of Debt
Mar 09Is Regis Resources (ASX:RRL) Using Too Much Debt?
Oct 06Recent updates
Investors Could Be Concerned With Regis Resources' (ASX:RRL) Returns On Capital
Apr 10Does Regis Resources (ASX:RRL) Have A Healthy Balance Sheet?
Feb 24Regis Resources Limited's (ASX:RRL) Prospects Need A Boost To Lift Shares
Jan 19Returns On Capital Signal Tricky Times Ahead For Regis Resources (ASX:RRL)
Dec 14We Discuss Why Regis Resources Limited's (ASX:RRL) CEO Compensation May Be Closely Reviewed
Nov 16Regis Resources Limited (ASX:RRL) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 10An Intrinsic Calculation For Regis Resources Limited (ASX:RRL) Suggests It's 48% Undervalued
Apr 05Regis Resources (ASX:RRL) Is Carrying A Fair Bit Of Debt
Mar 09Regis Resources (ASX:RRL) Will Want To Turn Around Its Return Trends
Jan 06Shareholders May Not Be So Generous With Regis Resources Limited's (ASX:RRL) CEO Compensation And Here's Why
Nov 17Is Regis Resources (ASX:RRL) Using Too Much Debt?
Oct 06Returns On Capital At Regis Resources (ASX:RRL) Paint A Concerning Picture
Jul 29Capital Allocation Trends At Regis Resources (ASX:RRL) Aren't Ideal
Apr 28Regis Resources (ASX:RRL) Will Be Hoping To Turn Its Returns On Capital Around
Jan 08Regis Resources (ASX:RRL) Is Reinvesting At Lower Rates Of Return
Sep 28Regis Resources' (ASX:RRL) Dividend Will Be Reduced To AU$0.03
Sep 02Regis Resources (ASX:RRL) Is Reinvesting To Multiply In Value
Jun 01Would Regis Resources Limited (ASX:RRL) Be Valuable To Income Investors?
May 10Why You Might Be Interested In Regis Resources Limited (ASX:RRL) For Its Upcoming Dividend
Mar 05Will Weakness in Regis Resources Limited's (ASX:RRL) Stock Prove Temporary Given Strong Fundamentals?
Mar 01Does Regis Resources Limited (ASX:RRL) Have A Place In Your Dividend Portfolio?
Feb 08Can Regis Resources (ASX:RRL) Prolong Its Impressive Returns?
Jan 19
Shareholders Of Regis Resources (ASX:RRL) Must Be Happy With Their 92% Return
Jan 03Is Regis Resources Limited (ASX:RRL) Popular Amongst Institutions?
Dec 18Financial Position Analysis
Short Term Liabilities: RRL's short term assets (A$305.6M) exceed its short term liabilities (A$145.9M).
Long Term Liabilities: RRL's short term assets (A$305.6M) do not cover its long term liabilities (A$666.2M).
Debt to Equity History and Analysis
Debt Level: RRL's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: RRL's debt to equity ratio has increased from 0% to 20.5% over the past 5 years.
Debt Coverage: RRL's debt is well covered by operating cash flow (145.8%).
Interest Coverage: RRL's interest payments on its debt are not well covered by EBIT (0.6x coverage).