Resolute Mining Balance Sheet Health
Financial Health criteria checks 6/6
Resolute Mining has a total shareholder equity of $548.7M and total debt of $47.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are $891.9M and $343.2M respectively. Resolute Mining's EBIT is $88.4M making its interest coverage ratio 11.3. It has cash and short-term investments of $101.4M.
Key information
8.7%
Debt to equity ratio
US$47.70m
Debt
| Interest coverage ratio | 11.3x |
| Cash | US$101.44m |
| Equity | US$548.67m |
| Total liabilities | US$343.19m |
| Total assets | US$891.87m |
Recent financial health updates
Resolute Mining (ASX:RSG) Has A Pretty Healthy Balance Sheet
Jun 14
Resolute Mining (ASX:RSG) Has A Rock Solid Balance Sheet
Mar 05Resolute Mining (ASX:RSG) Seems To Use Debt Quite Sensibly
Nov 14Resolute Mining (ASX:RSG) Seems To Use Debt Quite Sensibly
May 09Is Resolute Mining (ASX:RSG) Weighed On By Its Debt Load?
Dec 28Is Resolute Mining (ASX:RSG) Using Debt In A Risky Way?
Sep 02Recent updates
Resolute Mining Limited's (ASX:RSG) Shares Lagging The Industry But So Is The Business
Nov 08Estimating The Intrinsic Value Of Resolute Mining Limited (ASX:RSG)
Aug 03Resolute Mining (ASX:RSG) Has A Pretty Healthy Balance Sheet
Jun 14Resolute Mining Limited (ASX:RSG) Held Back By Insufficient Growth Even After Shares Climb 28%
May 24Resolute Mining Limited's (ASX:RSG) Shares Bounce 26% But Its Business Still Trails The Industry
Apr 05Resolute Mining (ASX:RSG) Has A Rock Solid Balance Sheet
Mar 05Resolute Mining Limited's (ASX:RSG) Shares Lagging The Industry But So Is The Business
Jan 04Resolute Mining (ASX:RSG) Seems To Use Debt Quite Sensibly
Nov 14Resolute Mining (ASX:RSG) Seems To Use Debt Quite Sensibly
May 09Earnings Update: Resolute Mining Limited (ASX:RSG) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Feb 27Is Resolute Mining (ASX:RSG) Weighed On By Its Debt Load?
Dec 28Is Resolute Mining (ASX:RSG) Using Debt In A Risky Way?
Sep 02Resolute Mining (ASX:RSG) Has Debt But No Earnings; Should You Worry?
Feb 25Financial Position Analysis
Short Term Liabilities: RSG's short term assets ($299.9M) exceed its short term liabilities ($252.5M).
Long Term Liabilities: RSG's short term assets ($299.9M) exceed its long term liabilities ($90.7M).
Debt to Equity History and Analysis
Debt Level: RSG has more cash than its total debt.
Reducing Debt: RSG's debt to equity ratio has reduced from 32.7% to 8.7% over the past 5 years.
Debt Coverage: RSG's debt is well covered by operating cash flow (332.1%).
Interest Coverage: RSG's interest payments on its debt are well covered by EBIT (11.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
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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
Resolute Mining Limited is covered by 30 analysts. 5 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 |
|---|---|
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| April Lowis | Barrenjoey Markets Pty Limited |
| Glyn Lawcock | Barrenjoey Markets Pty Limited |