Fortuna Mining Balance Sheet Health
Financial Health criteria checks 4/6
Fortuna Mining has a total shareholder equity of $1.3B and total debt of $167.6M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are $1.9B and $634.0M respectively. Fortuna Mining's EBIT is $68.1M making its interest coverage ratio 10.3. It has cash and short-term investments of $87.7M.
Key information
12.8%
Debt to equity ratio
US$167.60m
Debt
| Interest coverage ratio | 10.3x |
| Cash | US$87.73m |
| Equity | US$1.31b |
| Total liabilities | US$633.96m |
| Total assets | US$1.95b |
Recent financial health updates
Fortuna Silver Mines (TSE:FVI) Seems To Use Debt Quite Sensibly
May 08
Is Fortuna Silver Mines (TSE:FVI) Using Too Much Debt?
Nov 14Here's Why Fortuna Silver Mines (TSE:FVI) Can Afford Some Debt
Aug 13Would Fortuna Silver Mines (TSE:FVI) Be Better Off With Less Debt?
May 11Does Fortuna Silver Mines (TSE:FVI) Have A Healthy Balance Sheet?
Jan 24Fortuna Silver Mines (TSE:FVI) Has A Somewhat Strained Balance Sheet
Oct 24Recent updates
Fortuna Silver Mines Inc.'s (TSE:FVI) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
May 25Fortuna Silver Mines (TSE:FVI) Seems To Use Debt Quite Sensibly
May 08Fortuna Silver Mines Inc. (TSE:FVI) Held Back By Insufficient Growth Even After Shares Climb 28%
Mar 26There's No Escaping Fortuna Silver Mines Inc.'s (TSE:FVI) Muted Revenues
Feb 09A Look At The Fair Value Of Fortuna Silver Mines Inc. (TSE:FVI)
Dec 11Is Fortuna Silver Mines (TSE:FVI) Using Too Much Debt?
Nov 14Here's Why Fortuna Silver Mines (TSE:FVI) Can Afford Some Debt
Aug 13Would Fortuna Silver Mines (TSE:FVI) Be Better Off With Less Debt?
May 11Fortuna Silver Mines Inc. (TSE:FVI) Shares Could Be 20% Below Their Intrinsic Value Estimate
Feb 25Does Fortuna Silver Mines (TSE:FVI) Have A Healthy Balance Sheet?
Jan 24Fortuna Silver Mines (TSE:FVI) Has A Somewhat Strained Balance Sheet
Oct 24An Intrinsic Calculation For Fortuna Silver Mines Inc. (TSE:FVI) Suggests It's 48% Undervalued
Sep 26These 4 Measures Indicate That Fortuna Silver Mines (TSE:FVI) Is Using Debt Reasonably Well
Jul 26A Look At The Fair Value Of Fortuna Silver Mines Inc. (TSE:FVI)
Jun 13Is Fortuna Silver Mines (TSE:FVI) A Risky Investment?
Mar 28Are Investors Undervaluing Fortuna Silver Mines Inc. (TSE:FVI) By 45%?
Mar 02Fortuna Silver Mines (TSE:FVI) Has A Pretty Healthy Balance Sheet
Nov 07Financial Position Analysis
Short Term Liabilities: FVI's short term assets ($312.0M) exceed its short term liabilities ($246.3M).
Long Term Liabilities: FVI's short term assets ($312.0M) do not cover its long term liabilities ($387.7M).
Debt to Equity History and Analysis
Debt Level: FVI's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: FVI's debt to equity ratio has increased from 11.5% to 12.8% over the past 5 years.
Debt Coverage: FVI's debt is well covered by operating cash flow (181.4%).
Interest Coverage: FVI's interest payments on its debt are well covered by EBIT (10.3x coverage).