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 $1.3B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are $10.9B and $4.5B respectively. Lundin Mining's EBIT is $472.1M making its interest coverage ratio 4.9. It has cash and short-term investments of $365.5M.
Key information
21.0%
Debt to equity ratio
US$1.34b
Debt
Interest coverage ratio | 4.9x |
Cash | US$365.45m |
Equity | US$6.39b |
Total liabilities | US$4.52b |
Total assets | US$10.91b |
Recent financial health updates
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 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 ($3.4B).
Debt to Equity History and Analysis
Debt Level: LUN's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: LUN's debt to equity ratio has increased from 0.8% to 21% over the past 5 years.
Debt Coverage: LUN's debt is well covered by operating cash flow (80%).
Interest Coverage: LUN's interest payments on its debt are well covered by EBIT (4.9x coverage).