Orvana Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Orvana Minerals has a total shareholder equity of $54.4M and total debt of $11.4M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are $115.7M and $61.3M respectively. Orvana Minerals's EBIT is $4.3M making its interest coverage ratio 6.2. It has cash and short-term investments of $5.6M.
Key information
21.0%
Debt to equity ratio
US$11.41m
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$5.56m |
| Equity | US$54.44m |
| Total liabilities | US$61.26m |
| Total assets | US$115.70m |
Recent financial health updates
Is Orvana Minerals (TSE:ORV) A Risky Investment?
Jul 12
Is Orvana Minerals (TSE:ORV) Using Debt Sensibly?
Mar 05Is Orvana Minerals (TSE:ORV) Using Too Much Debt?
Oct 10Health Check: How Prudently Does Orvana Minerals (TSE:ORV) Use Debt?
Jun 06Is Orvana Minerals (TSE:ORV) Using Too Much Debt?
Jan 17Is Orvana Minerals (TSE:ORV) Using Debt In A Risky Way?
Jul 07Recent updates
Orvana Minerals (TSE:ORV) Is Experiencing Growth In Returns On Capital
Nov 13There's No Escaping Orvana Minerals Corp.'s (TSE:ORV) Muted Revenues Despite A 39% Share Price Rise
Aug 30Is Orvana Minerals (TSE:ORV) A Risky Investment?
Jul 12Orvana Minerals Corp.'s (TSE:ORV) 28% Dip In Price Shows Sentiment Is Matching Revenues
May 12Orvana Minerals Corp.'s (TSE:ORV) Share Price Boosted 35% But Its Business Prospects Need A Lift Too
Mar 23Is Orvana Minerals (TSE:ORV) Using Debt Sensibly?
Mar 05Improved Revenues Required Before Orvana Minerals Corp. (TSE:ORV) Shares Find Their Feet
Jan 08Is Orvana Minerals (TSE:ORV) Using Too Much Debt?
Oct 10Health Check: How Prudently Does Orvana Minerals (TSE:ORV) Use Debt?
Jun 06Is Orvana Minerals (TSE:ORV) Using Too Much Debt?
Jan 17Orvana Minerals (TSE:ORV) Might Have The Makings Of A Multi-Bagger
Dec 04Is Orvana Minerals (TSE:ORV) Using Debt In A Risky Way?
Jul 07There's Been No Shortage Of Growth Recently For Orvana Minerals' (TSE:ORV) Returns On Capital
May 13We Like Orvana Minerals' (TSE:ORV) Earnings For More Than Just Statutory Profit
Feb 23A Look At The Fair Value Of Orvana Minerals Corp. (TSE:ORV)
Jan 26Is Orvana Minerals (TSE:ORV) Using Debt Sensibly?
Dec 04Financial Position Analysis
Short Term Liabilities: ORV's short term assets ($24.2M) do not cover its short term liabilities ($36.8M).
Long Term Liabilities: ORV's short term assets ($24.2M) do not cover its long term liabilities ($24.5M).
Debt to Equity History and Analysis
Debt Level: ORV's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: ORV's debt to equity ratio has reduced from 27% to 21% over the past 5 years.
Debt Coverage: ORV's debt is well covered by operating cash flow (139.9%).
Interest Coverage: ORV's interest payments on its debt are well covered by EBIT (6.2x coverage).