Calibre Mining Balance Sheet Health
Financial Health criteria checks 4/6
Calibre Mining has a total shareholder equity of $970.9M and total debt of $329.3M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are $1.7B and $731.6M respectively. Calibre Mining's EBIT is $75.6M making its interest coverage ratio 26.4. It has cash and short-term investments of $115.8M.
Key information
33.9%
Debt to equity ratio
US$329.25m
Debt
| Interest coverage ratio | 26.4x |
| Cash | US$115.80m |
| Equity | US$970.90m |
| Total liabilities | US$731.57m |
| Total assets | US$1.70b |
Recent financial health updates
Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly
Mar 26
Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly
Dec 23Here's Why Calibre Mining (TSE:CXB) Can Manage Its Debt Responsibly
Aug 19Recent updates
Calibre Mining Corp. (TSE:CXB) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Nov 08Analyst Forecasts Just Became More Bearish On Calibre Mining Corp. (TSE:CXB)
Oct 24Why Investors Shouldn't Be Surprised By Calibre Mining Corp.'s (TSE:CXB) 27% Share Price Surge
Oct 12Calibre Mining Corp. (TSE:CXB) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 15Calibre Mining Corp.'s (TSE:CXB) Shareholders Might Be Looking For Exit
Aug 07Shareholders May Not Be So Generous With Calibre Mining Corp.'s (TSE:CXB) CEO Compensation And Here's Why
Jun 05Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly
Mar 26Earnings Miss: Calibre Mining Corp. Missed EPS By 12% And Analysts Are Revising Their Forecasts
Feb 24There's No Escaping Calibre Mining Corp.'s (TSE:CXB) Muted Earnings Despite A 26% Share Price Rise
Feb 18Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly
Dec 23Here's Why Calibre Mining (TSE:CXB) Can Manage Its Debt Responsibly
Aug 19Financial Position Analysis
Short Term Liabilities: CXB's short term assets ($370.4M) exceed its short term liabilities ($180.0M).
Long Term Liabilities: CXB's short term assets ($370.4M) do not cover its long term liabilities ($551.5M).
Debt to Equity History and Analysis
Debt Level: CXB's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: CXB's debt to equity ratio has increased from 0% to 33.9% over the past 5 years.
Debt Coverage: CXB's debt is well covered by operating cash flow (45.3%).
Interest Coverage: CXB's interest payments on its debt are well covered by EBIT (26.4x coverage).