Beacon Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Beacon Minerals has a total shareholder equity of A$67.8M and total debt of A$9.4M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are A$112.6M and A$44.9M respectively. Beacon Minerals's EBIT is A$15.6M making its interest coverage ratio 32.2. It has cash and short-term investments of A$5.9M.
Key information
13.8%
Debt to equity ratio
AU$9.36m
Debt
| Interest coverage ratio | 32.2x |
| Cash | AU$5.88m |
| Equity | AU$67.79m |
| Total liabilities | AU$44.85m |
| Total assets | AU$112.64m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCN's short term assets (A$18.9M) exceed its short term liabilities (A$9.8M).
Long Term Liabilities: BCN's short term assets (A$18.9M) do not cover its long term liabilities (A$35.1M).
Debt to Equity History and Analysis
Debt Level: BCN's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: BCN's debt to equity ratio has reduced from 301% to 13.8% over the past 5 years.
Debt Coverage: BCN's debt is well covered by operating cash flow (385.2%).
Interest Coverage: BCN's interest payments on its debt are well covered by EBIT (32.2x coverage).