Lundin Mining Balance Sheet Health
Financial Health criteria checks 4/6
Lundin Mining has a total shareholder equity of $6.2B and total debt of $1.8B, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are $11.1B and $4.9B respectively. Lundin Mining's EBIT is $808.5M making its interest coverage ratio 6.8. It has cash and short-term investments of $349.6M.
Key information
29.7%
Debt to equity ratio
US$1.83b
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$349.62m |
| Equity | US$6.15b |
| Total liabilities | US$4.93b |
| Total assets | US$11.08b |
Recent financial health updates
Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Nov 29
Is Lundin Mining (TSE:LUN) Using Too Much Debt?
Jul 11Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Jan 19Recent updates
Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Nov 29Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09
Nov 11Estimating The Intrinsic Value Of Lundin Mining Corporation (TSE:LUN)
Oct 21Why Investors Shouldn't Be Surprised By Lundin Mining Corporation's (TSE:LUN) 26% Share Price Surge
Oct 06Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09
Aug 23Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
Aug 09Lundin Mining Corporation Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next
Aug 01Is Lundin Mining (TSE:LUN) Using Too Much Debt?
Jul 11Does 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 01Financial Position Analysis
Short Term Liabilities: LUN's short term assets ($1.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: LUN's short term assets ($1.9B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: LUN's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: LUN's debt to equity ratio has increased from 7.9% to 29.7% over the past 5 years.
Debt Coverage: LUN's debt is well covered by operating cash flow (65.9%).
Interest Coverage: LUN's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:12 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Lundin Mining Corporation is covered by 58 analysts. 18 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 |
|---|---|
| Olof Grenmark | ABG Sundal Collier |
| Farooq Hamed | Barclays |
| Charlie Clark | Berenberg |