Orla Mining Balance Sheet Health
Financial Health criteria checks 5/6
Orla Mining has a total shareholder equity of $480.7M and total debt of $58.4M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are $618.7M and $138.0M respectively. Orla Mining's EBIT is $68.0M making its interest coverage ratio -25.9. It has cash and short-term investments of $180.9M.
Key information
12.1%
Debt to equity ratio
US$58.35m
Debt
| Interest coverage ratio | -25.9x |
| Cash | US$180.90m |
| Equity | US$480.73m |
| Total liabilities | US$137.96m |
| Total assets | US$618.70m |
Recent financial health updates
Is Orla Mining (TSE:OLA) Using Too Much Debt?
Jan 24
These 4 Measures Indicate That Orla Mining (TSE:OLA) Is Using Debt Reasonably Well
Jul 14Here's Why Orla Mining (TSE:OLA) Can Manage Its Debt Responsibly
Mar 27Orla Mining (TSE:OLA) Seems To Use Debt Quite Sensibly
Dec 15Recent updates
Investors Can Find Comfort In Orla Mining's (TSE:OLA) Earnings Quality
Nov 19Orla Mining's (TSE:OLA) Returns On Capital Are Heading Higher
Nov 05Orla Mining Ltd.'s (TSE:OLA) Price Is Out Of Tune With Revenues
Sep 19Orla Mining's (TSE:OLA) Returns On Capital Are Heading Higher
Aug 03It's Unlikely That Shareholders Will Increase Orla Mining Ltd.'s (TSE:OLA) Compensation By Much This Year
Jun 15Investors Will Want Orla Mining's (TSE:OLA) Growth In ROCE To Persist
Apr 19The Price Is Right For Orla Mining Ltd. (TSE:OLA)
Mar 07Is There An Opportunity With Orla Mining Ltd.'s (TSE:OLA) 22% Undervaluation?
Feb 07Is Orla Mining (TSE:OLA) Using Too Much Debt?
Jan 24Returns Are Gaining Momentum At Orla Mining (TSE:OLA)
Dec 19Should You Be Adding Orla Mining (TSE:OLA) To Your Watchlist Today?
Sep 14Orla Mining (TSE:OLA) Might Have The Makings Of A Multi-Bagger
Aug 23These 4 Measures Indicate That Orla Mining (TSE:OLA) Is Using Debt Reasonably Well
Jul 14Orla Mining (TSE:OLA) Shareholders Will Want The ROCE Trajectory To Continue
May 06Pinning Down Orla Mining Ltd.'s (TSE:OLA) P/E Is Difficult Right Now
Apr 17Here's Why Orla Mining (TSE:OLA) Can Manage Its Debt Responsibly
Mar 27Orla Mining (TSE:OLA) Seems To Use Debt Quite Sensibly
Dec 15Financial Position Analysis
Short Term Liabilities: OLA's short term assets ($223.5M) exceed its short term liabilities ($49.3M).
Long Term Liabilities: OLA's short term assets ($223.5M) exceed its long term liabilities ($88.7M).
Debt to Equity History and Analysis
Debt Level: OLA has more cash than its total debt.
Reducing Debt: OLA's debt to equity ratio has increased from 7.5% to 12.1% over the past 5 years.
Debt Coverage: OLA's debt is well covered by operating cash flow (260%).
Interest Coverage: OLA earns more interest than it pays, so coverage of interest payments is not a concern.