SSR Mining Balance Sheet Health
Financial Health criteria checks 6/6
SSR Mining has a total shareholder equity of $4.3B and total debt of $228.4M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are $5.4B and $1.1B respectively. SSR Mining's EBIT is $281.9M making its interest coverage ratio -47. It has cash and short-term investments of $513.3M.
Key information
5.3%
Debt to equity ratio
US$228.44m
Debt
| Interest coverage ratio | -47x |
| Cash | US$513.34m |
| Equity | US$4.30b |
| Total liabilities | US$1.08b |
| Total assets | US$5.39b |
Recent financial health updates
SSR Mining (TSE:SSRM) Seems To Use Debt Quite Sensibly
Nov 12
SSR Mining (TSE:SSRM) Seems To Use Debt Quite Sensibly
Aug 07Is SSR Mining (TSE:SSRM) A Risky Investment?
May 04SSR Mining (TSE:SSRM) Seems To Use Debt Quite Sensibly
Jan 22We Think SSR Mining (TSE:SSRM) Can Manage Its Debt With Ease
Jun 06SSR Mining (TSE:SSRM) Has A Rock Solid Balance Sheet
Feb 23Recent updates
SSR Mining (TSE:SSRM) Seems To Use Debt Quite Sensibly
Nov 12A Look At The Intrinsic Value Of SSR Mining Inc. (TSE:SSRM)
Aug 25SSR Mining (TSE:SSRM) Seems To Use Debt Quite Sensibly
Aug 07Is SSR Mining (TSE:SSRM) A Risky Investment?
May 04An Intrinsic Calculation For SSR Mining Inc. (TSE:SSRM) Suggests It's 30% Undervalued
Mar 31SSR Mining (TSE:SSRM) Seems To Use Debt Quite Sensibly
Jan 22Is There An Opportunity With SSR Mining Inc.'s (TSE:SSRM) 48% Undervaluation?
Dec 23Here's Why We Think SSR Mining (TSE:SSRM) Is Well Worth Watching
Jul 19We Think SSR Mining (TSE:SSRM) Can Manage Its Debt With Ease
Jun 06Should You Be Adding SSR Mining (TSE:SSRM) To Your Watchlist Today?
Apr 17An Intrinsic Calculation For SSR Mining Inc. (TSE:SSRM) Suggests It's 39% Undervalued
Mar 29SSR Mining (TSE:SSRM) Has A Rock Solid Balance Sheet
Feb 23Here's Why We Think SSR Mining (TSE:SSRM) Is Well Worth Watching
Jan 07SSR Mining Inc. (TSE:SSRM) Shares Could Be 48% Below Their Intrinsic Value Estimate
Nov 23Financial Position Analysis
Short Term Liabilities: SSRM's short term assets ($1.2B) exceed its short term liabilities ($170.6M).
Long Term Liabilities: SSRM's short term assets ($1.2B) exceed its long term liabilities ($911.0M).
Debt to Equity History and Analysis
Debt Level: SSRM has more cash than its total debt.
Reducing Debt: SSRM's debt to equity ratio has reduced from 24.6% to 5.3% over the past 5 years.
Debt Coverage: SSRM's debt is well covered by operating cash flow (184.6%).
Interest Coverage: SSRM earns more interest than it pays, so coverage of interest payments is not a concern.