Stanmore Resources Balance Sheet Health
Financial Health criteria checks 6/6
Stanmore Resources has a total shareholder equity of $1.8B and total debt of $315.9M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are $3.6B and $1.9B respectively. Stanmore Resources's EBIT is $778.9M making its interest coverage ratio 9.4. It has cash and short-term investments of $446.3M.
Key information
18.0%
Debt to equity ratio
US$315.90m
Debt
Interest coverage ratio | 9.4x |
Cash | US$446.30m |
Equity | US$1.75b |
Total liabilities | US$1.85b |
Total assets | US$3.61b |
Recent financial health updates
Does Stanmore Resources (ASX:SMR) Have A Healthy Balance Sheet?
Apr 05Stanmore Resources (ASX:SMR) Has A Rock Solid Balance Sheet
Oct 18Here's Why Stanmore Resources (ASX:SMR) Can Manage Its Debt Responsibly
May 01Is Stanmore Resources (ASX:SMR) Using Too Much Debt?
Dec 06Is Stanmore Resources (ASX:SMR) Using Too Much Debt?
Sep 04Recent updates
Does Stanmore Resources (ASX:SMR) Have A Healthy Balance Sheet?
Apr 05Here's Why We Think Stanmore Resources (ASX:SMR) Might Deserve Your Attention Today
Dec 08Estimating The Fair Value Of Stanmore Resources Limited (ASX:SMR)
Nov 09Stanmore Resources (ASX:SMR) Has A Rock Solid Balance Sheet
Oct 18With EPS Growth And More, Stanmore Resources (ASX:SMR) Makes An Interesting Case
Sep 05Here's Why Stanmore Resources (ASX:SMR) Can Manage Its Debt Responsibly
May 01Here's Why Stanmore Resources (ASX:SMR) Has Caught The Eye Of Investors
Apr 05The Strong Earnings Posted By Stanmore Resources (ASX:SMR) Are A Good Indication Of The Strength Of The Business
Mar 06Is Stanmore Resources (ASX:SMR) Using Too Much Debt?
Dec 06Need To Know: One Analyst Is Much More Bullish On Stanmore Resources Limited (ASX:SMR) Revenues
Oct 31Is Stanmore Resources (ASX:SMR) Using Too Much Debt?
Sep 04Calculating The Intrinsic Value Of Stanmore Resources Limited (ASX:SMR)
Jul 13Financial Position Analysis
Short Term Liabilities: SMR's short term assets ($997.6M) exceed its short term liabilities ($988.3M).
Long Term Liabilities: SMR's short term assets ($997.6M) exceed its long term liabilities ($863.6M).
Debt to Equity History and Analysis
Debt Level: SMR has more cash than its total debt.
Reducing Debt: SMR's debt to equity ratio has reduced from 25% to 18% over the past 5 years.
Debt Coverage: SMR's debt is well covered by operating cash flow (233.3%).
Interest Coverage: SMR's interest payments on its debt are well covered by EBIT (9.4x coverage).