Fortuna Mining Balance Sheet Health
Financial Health criteria checks 6/6
Fortuna Mining has a total shareholder equity of $1.5B and total debt of $124.1M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are $2.1B and $604.7M respectively. Fortuna Mining's EBIT is $133.5M making its interest coverage ratio 95.7. It has cash and short-term investments of $180.6M.
Key information
8.4%
Debt to equity ratio
US$124.06m
Debt
| Interest coverage ratio | 95.7x |
| Cash | US$180.55m |
| Equity | US$1.48b |
| Total liabilities | US$604.71m |
| Total assets | US$2.08b |
Recent financial health updates
Fortuna Mining (TSE:FVI) Seems To Use Debt Quite Sensibly
Oct 14
Fortuna Silver Mines (TSE:FVI) Seems To Use Debt Quite Sensibly
May 08Is 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 24Recent updates
Shareholders Can Be Confident That Fortuna Mining's (TSE:FVI) Earnings Are High Quality
Nov 14Fortuna Mining (TSE:FVI) Seems To Use Debt Quite Sensibly
Oct 14Revenues Working Against Fortuna Mining Corp.'s (TSE:FVI) Share Price
Sep 01Calculating The Intrinsic Value Of Fortuna Mining Corp. (TSE:FVI)
Jun 30Fortuna 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 13Financial Position Analysis
Short Term Liabilities: FVI's short term assets ($430.5M) exceed its short term liabilities ($222.0M).
Long Term Liabilities: FVI's short term assets ($430.5M) exceed its long term liabilities ($382.7M).
Debt to Equity History and Analysis
Debt Level: FVI has more cash than its total debt.
Reducing Debt: FVI's debt to equity ratio has reduced from 18.1% to 8.4% over the past 5 years.
Debt Coverage: FVI's debt is well covered by operating cash flow (258.3%).
Interest Coverage: FVI's interest payments on its debt are well covered by EBIT (95.7x coverage).