Lundin Mining Balance Sheet Health
Financial Health criteria checks 4/6
Lundin Mining has a total shareholder equity of $6.4B and total debt of $1.2B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are $10.9B and $4.4B respectively. Lundin Mining's EBIT is $501.6M making its interest coverage ratio 6.4. It has cash and short-term investments of $268.8M.
Key information
18.8%
Debt to equity ratio
US$1.21b
Debt
| Interest coverage ratio | 6.4x |
| Cash | US$268.79m |
| Equity | US$6.42b |
| Total liabilities | US$4.44b |
| Total assets | US$10.86b |
Recent financial health updates
Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Jan 19
These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively
Sep 19Is Lundin Mining (TSE:LUN) A Risky Investment?
Jun 14These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively
Mar 13These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Reasonably Well
Jul 20Recent updates
Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Jan 19Pinning Down Lundin Mining Corporation's (TSE:LUN) P/E Is Difficult Right Now
Jan 01We Think That There Are More Issues For Lundin Mining (TSE:LUN) Than Just Sluggish Earnings
Nov 08Lundin Mining's (TSE:LUN) Dividend Will Be $0.09
Nov 06These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively
Sep 19Lundin Mining (TSE:LUN) Is Due To Pay A Dividend Of $0.09
Aug 28Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
Aug 08Is Lundin Mining (TSE:LUN) A Risky Investment?
Jun 14Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
May 23Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09
May 09These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively
Mar 13Lundin Mining Corporation (TSE:LUN) Shares Could Be 31% Below Their Intrinsic Value Estimate
Feb 20These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Reasonably Well
Jul 20Financial Position Analysis
Short Term Liabilities: LUN's short term assets ($1.8B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: LUN's short term assets ($1.8B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: LUN's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: LUN's debt to equity ratio has increased from 0% to 18.8% over the past 5 years.
Debt Coverage: LUN's debt is well covered by operating cash flow (84.1%).
Interest Coverage: LUN's interest payments on its debt are well covered by EBIT (6.4x coverage).