Starcore International Mines Balance Sheet Health
Financial Health criteria checks 6/6
Starcore International Mines has a total shareholder equity of CA$41.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$53.4M and CA$11.7M respectively. Starcore International Mines's EBIT is CA$1.0M making its interest coverage ratio -7.3. It has cash and short-term investments of CA$5.9M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -7.3x |
| Cash | CA$5.86m |
| Equity | CA$41.63m |
| Total liabilities | CA$11.73m |
| Total assets | CA$53.36m |
Recent financial health updates
No updates
Recent updates
Starcore International Mines Ltd. (TSE:SAM) Stock Catapults 43% Though Its Price And Business Still Lag The Industry
Oct 07
Starcore International Mines Ltd.'s (TSE:SAM) 27% Dip In Price Shows Sentiment Is Matching Revenues
Aug 23Starcore International Mines' (TSE:SAM) Solid Profits Have Weak Fundamentals
Aug 05Benign Growth For Starcore International Mines Ltd. (TSE:SAM) Underpins Its Share Price
May 08Lacklustre Performance Is Driving Starcore International Mines Ltd.'s (TSE:SAM) 27% Price Drop
Jan 24We Think Starcore International Mines' (TSE:SAM) Profit Is Only A Baseline For What They Can Achieve
Mar 24What Can We Learn About Starcore International Mines' (TSE:SAM) CEO Compensation?
Nov 20Financial Position Analysis
Short Term Liabilities: SAM's short term assets (CA$11.3M) exceed its short term liabilities (CA$4.2M).
Long Term Liabilities: SAM's short term assets (CA$11.3M) exceed its long term liabilities (CA$7.5M).
Debt to Equity History and Analysis
Debt Level: SAM is debt free.
Reducing Debt: SAM has no debt compared to 5 years ago when its debt to equity ratio was 11.7%.
Debt Coverage: SAM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAM has no debt, therefore coverage of interest payments is not a concern.