Ero Copper Balance Sheet Health
Financial Health criteria checks 5/6
Ero Copper has a total shareholder equity of $809.3M and total debt of $426.2M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are $1.5B and $702.4M respectively. Ero Copper's EBIT is $92.5M making its interest coverage ratio 297.4. It has cash and short-term investments of $111.7M.
Key information
52.7%
Debt to equity ratio
US$426.23m
Debt
| Interest coverage ratio | 297.4x |
| Cash | US$111.74m |
| Equity | US$809.33m |
| Total liabilities | US$702.36m |
| Total assets | US$1.51b |
Recent financial health updates
Is Ero Copper (TSE:ERO) Using Too Much Debt?
Nov 10
Is Ero Copper (TSE:ERO) A Risky Investment?
Jul 27Is Ero Copper (TSE:ERO) A Risky Investment?
Apr 11Is Ero Copper (TSE:ERO) Using Too Much Debt?
Sep 24These 4 Measures Indicate That Ero Copper (TSE:ERO) Is Using Debt Reasonably Well
Jun 24Recent updates
Ero Copper's (TSE:ERO) Problems Go Beyond Poor Profit
Mar 15Is Ero Copper Corp. (TSE:ERO) Trading At A 45% Discount?
Mar 03Investors Appear Satisfied With Ero Copper Corp.'s (TSE:ERO) Prospects
Feb 14Is Ero Copper (TSE:ERO) Using Too Much Debt?
Nov 10Is There An Opportunity With Ero Copper Corp.'s (TSE:ERO) 43% Undervaluation?
Oct 23Ero Copper (TSE:ERO) Is Doing The Right Things To Multiply Its Share Price
Aug 27Is Ero Copper (TSE:ERO) A Risky Investment?
Jul 27We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)
May 21Is Ero Copper (TSE:ERO) A Risky Investment?
Apr 11We Like These Underlying Return On Capital Trends At Ero Copper (TSE:ERO)
Feb 07Investors Shouldn't Overlook Ero Copper's (TSE:ERO) Impressive Returns On Capital
Nov 02Is Ero Copper (TSE:ERO) Using Too Much Debt?
Sep 24Ero Copper Corp. (TSE:ERO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Aug 05These 4 Measures Indicate That Ero Copper (TSE:ERO) Is Using Debt Reasonably Well
Jun 24Investors Should Be Encouraged By Ero Copper's (TSE:ERO) Returns On Capital
Jun 07Financial Position Analysis
Short Term Liabilities: ERO's short term assets ($199.5M) exceed its short term liabilities ($173.8M).
Long Term Liabilities: ERO's short term assets ($199.5M) do not cover its long term liabilities ($528.6M).
Debt to Equity History and Analysis
Debt Level: ERO's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: ERO's debt to equity ratio has reduced from 146.6% to 52.7% over the past 5 years.
Debt Coverage: ERO's debt is well covered by operating cash flow (38.3%).
Interest Coverage: ERO's interest payments on its debt are well covered by EBIT (297.4x coverage).