K92 Mining Balance Sheet Health
Financial Health criteria checks 6/6
K92 Mining has a total shareholder equity of $414.2M and total debt of $59.0M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are $553.5M and $139.3M respectively. K92 Mining's EBIT is $118.0M making its interest coverage ratio -1999.5. It has cash and short-term investments of $120.3M.
Key information
14.2%
Debt to equity ratio
US$59.00m
Debt
| Interest coverage ratio | -1999.5x |
| Cash | US$120.33m |
| Equity | US$414.21m |
| Total liabilities | US$139.33m |
| Total assets | US$553.54m |
Recent financial health updates
No updates
Recent updates
A Look Into K92 Mining's (TSE:KNT) Impressive Returns On Capital
Dec 17
Earnings Beat: K92 Mining Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 17There Are Reasons To Feel Uneasy About K92 Mining's (TSE:KNT) Returns On Capital
Sep 12K92 Mining Inc.'s (TSE:KNT) Price In Tune With Earnings
Mar 11Capital Allocation Trends At K92 Mining (TSE:KNT) Aren't Ideal
Jan 09A Look At The Intrinsic Value Of K92 Mining Inc. (TSE:KNT)
Oct 26There's Been No Shortage Of Growth Recently For K92 Mining's (TSE:KNT) Returns On Capital
Jun 08Shareholders Would Enjoy A Repeat Of K92 Mining's (TSE:KNT) Recent Growth In Returns
Jan 28K92 Mining (TSE:KNT) Knows How To Allocate Capital Effectively
Aug 23K92 Mining (TSE:KNT) Is Looking To Continue Growing Its Returns On Capital
Jan 05Financial Position Analysis
Short Term Liabilities: KNT's short term assets ($190.0M) exceed its short term liabilities ($67.2M).
Long Term Liabilities: KNT's short term assets ($190.0M) exceed its long term liabilities ($72.2M).
Debt to Equity History and Analysis
Debt Level: KNT has more cash than its total debt.
Reducing Debt: KNT's debt to equity ratio has reduced from 14.5% to 14.2% over the past 5 years.
Debt Coverage: KNT's debt is well covered by operating cash flow (241.8%).
Interest Coverage: KNT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
K92 Mining Inc. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Quast | BMO Capital Markets Equity Research |
| Carey MacRury | Canaccord Genuity |
| Varun Arora | Clarus Securities Inc. |