Sierra Metals Balance Sheet Health
Financial Health criteria checks 3/6
Sierra Metals has a total shareholder equity of $109.9M and total debt of $78.5M, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are $314.1M and $204.3M respectively. Sierra Metals's EBIT is $10.7M making its interest coverage ratio 1.2. It has cash and short-term investments of $9.1M.
Key information
71.4%
Debt to equity ratio
US$78.48m
Debt
Interest coverage ratio | 1.2x |
Cash | US$9.12m |
Equity | US$109.85m |
Total liabilities | US$204.27m |
Total assets | US$314.12m |
Recent financial health updates
Here's Why Sierra Metals (TSE:SMT) Has A Meaningful Debt Burden
May 03We Think Sierra Metals (TSE:SMT) Can Stay On Top Of Its Debt
Jan 27Is Sierra Metals (TSE:SMT) Using Too Much Debt?
Sep 17Recent updates
Estimating The Intrinsic Value Of Sierra Metals Inc. (TSE:SMT)
Jul 20Here's Why Sierra Metals (TSE:SMT) Has A Meaningful Debt Burden
May 03We Think Sierra Metals (TSE:SMT) Can Stay On Top Of Its Debt
Jan 27Is Sierra Metals (TSE:SMT) Using Too Much Debt?
Sep 17Bearish: Analysts Just Cut Their Sierra Metals Inc. (TSE:SMT) Revenue and EPS estimates
Jul 27Financial Position Analysis
Short Term Liabilities: SMT's short term assets ($71.9M) do not cover its short term liabilities ($163.6M).
Long Term Liabilities: SMT's short term assets ($71.9M) exceed its long term liabilities ($40.6M).
Debt to Equity History and Analysis
Debt Level: SMT's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: SMT's debt to equity ratio has increased from 27.6% to 71.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SMT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SMT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.4% per year.