Calibre Mining Balance Sheet Health
Financial Health criteria checks 4/6
Calibre Mining has a total shareholder equity of $888.8M and total debt of $327.3M, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are $1.6B and $682.5M respectively. Calibre Mining's EBIT is $114.9M making its interest coverage ratio 117.6. It has cash and short-term investments of $127.6M.
Key information
36.8%
Debt to equity ratio
US$327.32m
Debt
Interest coverage ratio | 117.6x |
Cash | US$127.58m |
Equity | US$888.79m |
Total liabilities | US$682.49m |
Total assets | US$1.57b |
Recent financial health updates
Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly
Mar 26Calibre Mining (TSE:CXB) Seems To Use Debt Quite Sensibly
Dec 23Here's Why Calibre Mining (TSE:CXB) Can Manage Its Debt Responsibly
Aug 19Here's Why Calibre Mining (TSE:CXB) Has A Meaningful Debt Burden
Apr 06Recent updates
Calibre 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 19Here's Why Calibre Mining (TSE:CXB) Has A Meaningful Debt Burden
Apr 06Financial Position Analysis
Short Term Liabilities: CXB's short term assets ($402.7M) exceed its short term liabilities ($172.9M).
Long Term Liabilities: CXB's short term assets ($402.7M) do not cover its long term liabilities ($509.6M).
Debt to Equity History and Analysis
Debt Level: CXB's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: CXB's debt to equity ratio has increased from 0% to 36.8% over the past 5 years.
Debt Coverage: CXB's debt is well covered by operating cash flow (67.6%).
Interest Coverage: CXB's interest payments on its debt are well covered by EBIT (117.6x coverage).