Triple Flag Precious Metals Balance Sheet Health
Financial Health criteria checks 5/6
Triple Flag Precious Metals has a total shareholder equity of $1.8B and total debt of $57.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are $1.9B and $83.7M respectively. Triple Flag Precious Metals's EBIT is $52.1M making its interest coverage ratio 12.6. It has cash and short-term investments of $17.4M.
Key information
3.1%
Debt to equity ratio
US$57.00m
Debt
| Interest coverage ratio | 12.6x |
| Cash | US$17.38m |
| Equity | US$1.81b |
| Total liabilities | US$83.72m |
| Total assets | US$1.89b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Triple Flag Precious Metals Corp. (TSE:TFPM)
Apr 29
Analyst Forecasts For Triple Flag Precious Metals Corp. (TSE:TFPM) Are Surging Higher
Apr 11Triple Flag Precious Metals Corp.'s (TSE:TFPM) Business Is Trailing The Industry But Its Shares Aren't
Apr 04Does Triple Flag Precious Metals (TSE:TFPM) Have A Healthy Balance Sheet?
Feb 06Why Investors Shouldn't Be Surprised By Triple Flag Precious Metals Corp.'s (TSE:TFPM) P/E
Dec 26Triple Flag Precious Metals Corp.'s (TSE:TFPM) Intrinsic Value Is Potentially 26% Above Its Share Price
May 29Is There An Opportunity With Triple Flag Precious Metals Corp.'s (TSE:TFPM) 38% Undervaluation?
Oct 08There's Been No Shortage Of Growth Recently For Triple Flag Precious Metals' (TSE:TFPM) Returns On Capital
Aug 31Estimating The Intrinsic Value Of Triple Flag Precious Metals Corp. (TSE:TFPM)
Jul 06Triple Flag Precious Metals (TSE:TFPM) Is Experiencing Growth In Returns On Capital
May 21Triple Flag Precious Metals Corp.'s (TSE:TFPM) Popularity With Investors Is Under Threat From Overpricing
Mar 29Results: Triple Flag Precious Metals Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 24Is There An Opportunity With Triple Flag Precious Metals Corp.'s (TSE:TFPM) 20% Undervaluation?
Feb 09Is Triple Flag Precious Metals Corp. (TSE:TFPM) Trading At A 31% Discount?
Nov 03We Believe Triple Flag Precious Metals' (TSE:TFPM) Earnings Are A Poor Guide For Its Profitability
Aug 20Financial Position Analysis
Short Term Liabilities: TFPM's short term assets ($57.0M) exceed its short term liabilities ($17.3M).
Long Term Liabilities: TFPM's short term assets ($57.0M) do not cover its long term liabilities ($66.4M).
Debt to Equity History and Analysis
Debt Level: TFPM's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: TFPM's debt to equity ratio has reduced from 27.1% to 3.1% over the past 5 years.
Debt Coverage: TFPM's debt is well covered by operating cash flow (270.4%).
Interest Coverage: TFPM's interest payments on its debt are well covered by EBIT (12.6x coverage).