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
Is Lundin Mining (TSE:LUN) Using Too Much Debt?
Jul 11
Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Jan 19These 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 13Recent updates
Lundin 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 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 20Financial 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).