Serabi Gold Balance Sheet Health
Financial Health criteria checks 6/6
Serabi Gold has a total shareholder equity of $94.7M and total debt of $5.1M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are $115.5M and $20.8M respectively. Serabi Gold's EBIT is $4.9M making its interest coverage ratio 19.2. It has cash and short-term investments of $11.1M.
Key information
5.4%
Debt to equity ratio
US$5.11m
Debt
Interest coverage ratio | 19.2x |
Cash | US$11.06m |
Equity | US$94.70m |
Total liabilities | US$20.77m |
Total assets | US$115.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBI's short term assets ($32.3M) exceed its short term liabilities ($13.9M).
Long Term Liabilities: SBI's short term assets ($32.3M) exceed its long term liabilities ($6.9M).
Debt to Equity History and Analysis
Debt Level: SBI has more cash than its total debt.
Reducing Debt: SBI's debt to equity ratio has reduced from 8.6% to 5.4% over the past 5 years.
Debt Coverage: SBI's debt is well covered by operating cash flow (214.5%).
Interest Coverage: SBI's interest payments on its debt are well covered by EBIT (19.2x coverage).