Stanmore Resources Limited

ASX:SMR Stock Report

Market Cap: AU$2.9b

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 ratio9.4x
CashUS$446.30m
EquityUS$1.75b
Total liabilitiesUS$1.85b
Total assetsUS$3.61b

Recent financial health updates

Recent updates

Does Stanmore Resources (ASX:SMR) Have A Healthy Balance Sheet?

Apr 05
Does Stanmore Resources (ASX:SMR) Have A Healthy Balance Sheet?

Here's Why We Think Stanmore Resources (ASX:SMR) Might Deserve Your Attention Today

Dec 08
Here's Why We Think Stanmore Resources (ASX:SMR) Might Deserve Your Attention Today

Estimating The Fair Value Of Stanmore Resources Limited (ASX:SMR)

Nov 09
Estimating The Fair Value Of Stanmore Resources Limited (ASX:SMR)

Stanmore Resources (ASX:SMR) Has A Rock Solid Balance Sheet

Oct 18
Stanmore Resources (ASX:SMR) Has A Rock Solid Balance Sheet

With EPS Growth And More, Stanmore Resources (ASX:SMR) Makes An Interesting Case

Sep 05
With EPS Growth And More, Stanmore Resources (ASX:SMR) Makes An Interesting Case

Here's Why Stanmore Resources (ASX:SMR) Can Manage Its Debt Responsibly

May 01
Here's Why Stanmore Resources (ASX:SMR) Can Manage Its Debt Responsibly

Here's Why Stanmore Resources (ASX:SMR) Has Caught The Eye Of Investors

Apr 05
Here's Why Stanmore Resources (ASX:SMR) Has Caught The Eye Of Investors

The Strong Earnings Posted By Stanmore Resources (ASX:SMR) Are A Good Indication Of The Strength Of The Business

Mar 06
The Strong Earnings Posted By Stanmore Resources (ASX:SMR) Are A Good Indication Of The Strength Of The Business

Is Stanmore Resources (ASX:SMR) Using Too Much Debt?

Dec 06
Is Stanmore Resources (ASX:SMR) Using Too Much Debt?

Need To Know: One Analyst Is Much More Bullish On Stanmore Resources Limited (ASX:SMR) Revenues

Oct 31
Need To Know: One Analyst Is Much More Bullish On Stanmore Resources Limited (ASX:SMR) Revenues

Is Stanmore Resources (ASX:SMR) Using Too Much Debt?

Sep 04
Is Stanmore Resources (ASX:SMR) Using Too Much Debt?

Calculating The Intrinsic Value Of Stanmore Resources Limited (ASX:SMR)

Jul 13
Calculating The Intrinsic Value Of Stanmore Resources Limited (ASX:SMR)

Financial 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).


Balance Sheet


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