Ero Copper Corp.

TSX:ERO Stock Report

Market Cap: CA$2.0b

Ero Copper Balance Sheet Health

Financial Health criteria checks 3/6

Ero Copper has a total shareholder equity of $716.8M and total debt of $538.9M, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are $1.5B and $795.8M respectively. Ero Copper's EBIT is $90.3M making its interest coverage ratio -25.4. It has cash and short-term investments of $20.2M.

Key information

75.2%

Debt to equity ratio

US$538.91m

Debt

Interest coverage ratio-25.4x
CashUS$20.23m
EquityUS$716.77m
Total liabilitiesUS$795.75m
Total assetsUS$1.51b

Recent financial health updates

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Jun 28
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Nov 10
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Is Ero Copper (TSE:ERO) A Risky Investment?

Jul 27
Is Ero Copper (TSE:ERO) A Risky Investment?

Is Ero Copper (TSE:ERO) A Risky Investment?

Apr 11
Is Ero Copper (TSE:ERO) A Risky Investment?

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Sep 24
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Recent updates

Returns On Capital Signal Tricky Times Ahead For Ero Copper (TSE:ERO)

Jul 17
Returns On Capital Signal Tricky Times Ahead For Ero Copper (TSE:ERO)

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Jun 28
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Ero Copper Corp.'s (TSE:ERO) Popularity With Investors Is Clear

May 28
Ero Copper Corp.'s (TSE:ERO) Popularity With Investors Is Clear

Ero Copper's (TSE:ERO) Problems Go Beyond Poor Profit

Mar 15
Ero Copper's (TSE:ERO) Problems Go Beyond Poor Profit

Is Ero Copper Corp. (TSE:ERO) Trading At A 45% Discount?

Mar 03
Is Ero Copper Corp. (TSE:ERO) Trading At A 45% Discount?

Investors Appear Satisfied With Ero Copper Corp.'s (TSE:ERO) Prospects

Feb 14
Investors Appear Satisfied With Ero Copper Corp.'s (TSE:ERO) Prospects

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Nov 10
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Is There An Opportunity With Ero Copper Corp.'s (TSE:ERO) 43% Undervaluation?

Oct 23
Is There An Opportunity With Ero Copper Corp.'s (TSE:ERO) 43% Undervaluation?

Ero Copper (TSE:ERO) Is Doing The Right Things To Multiply Its Share Price

Aug 27
Ero Copper (TSE:ERO) Is Doing The Right Things To Multiply Its Share Price

Is Ero Copper (TSE:ERO) A Risky Investment?

Jul 27
Is Ero Copper (TSE:ERO) A Risky Investment?

We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)

May 21
We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)

Is Ero Copper (TSE:ERO) A Risky Investment?

Apr 11
Is Ero Copper (TSE:ERO) A Risky Investment?

We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)

Feb 07
We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)

Investors Shouldn't Overlook Ero Copper's (TSE:ERO) Impressive Returns On Capital

Nov 02
Investors Shouldn't Overlook Ero Copper's (TSE:ERO) Impressive Returns On Capital

Is Ero Copper (TSE:ERO) Using Too Much Debt?

Sep 24
Is Ero Copper (TSE:ERO) Using Too Much Debt?

Ero Copper Corp. (TSE:ERO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Aug 05
Ero Copper Corp. (TSE:ERO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Financial Position Analysis

Short Term Liabilities: ERO's short term assets ($126.8M) do not cover its short term liabilities ($187.7M).

Long Term Liabilities: ERO's short term assets ($126.8M) do not cover its long term liabilities ($608.0M).

Debt to Equity History and Analysis

Debt Level: ERO's net debt to equity ratio (72.4%) is considered high.

Reducing Debt: ERO's debt to equity ratio has reduced from 107.9% to 75.2% over the past 5 years.

Debt Coverage: ERO's debt is well covered by operating cash flow (24.9%).

Interest Coverage: ERO earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ero Copper Corp. is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew MurphyBarclays
David GaglianoBMO Capital Markets Equity Research
Guilherme RositoBofA Global Research