Taseko Mines Balance Sheet Health
Financial Health criteria checks 2/6
Taseko Mines has a total shareholder equity of CA$481.5M and total debt of CA$742.4M, which brings its debt-to-equity ratio to 154.2%. Its total assets and total liabilities are CA$2.0B and CA$1.6B respectively. Taseko Mines's EBIT is CA$79.8M making its interest coverage ratio 1. It has cash and short-term investments of CA$210.2M.
Key information
154.2%
Debt to equity ratio
CA$742.36m
Debt
| Interest coverage ratio | 1x |
| Cash | CA$210.16m |
| Equity | CA$481.49m |
| Total liabilities | CA$1.57b |
| Total assets | CA$2.05b |
Recent financial health updates
Is Taseko Mines (TSE:TKO) A Risky Investment?
Nov 08
We Think Taseko Mines (TSE:TKO) Is Taking Some Risk With Its Debt
Apr 29Here's Why Taseko Mines (TSE:TKO) Is Weighed Down By Its Debt Load
Jan 26Does Taseko Mines (TSE:TKO) Have A Healthy Balance Sheet?
Sep 17Taseko Mines (TSE:TKO) Use Of Debt Could Be Considered Risky
Mar 02Taseko Mines (TSE:TKO) Takes On Some Risk With Its Use Of Debt
Sep 02Recent updates
Taseko Mines' (TSE:TKO) Profits Appear To Have Quality Issues
Nov 14Is Taseko Mines (TSE:TKO) A Risky Investment?
Nov 08After Leaping 28% Taseko Mines Limited (TSE:TKO) Shares Are Not Flying Under The Radar
Oct 04Is Now The Time To Put Taseko Mines (TSE:TKO) On Your Watchlist?
Sep 25There May Be Underlying Issues With The Quality Of Taseko Mines' (TSE:TKO) Earnings
May 09We Think Taseko Mines (TSE:TKO) Is Taking Some Risk With Its Debt
Apr 29Further Upside For Taseko Mines Limited (TSE:TKO) Shares Could Introduce Price Risks After 33% Bounce
Mar 25Here's Why Taseko Mines (TSE:TKO) Is Weighed Down By Its Debt Load
Jan 26Does Taseko Mines (TSE:TKO) Have A Healthy Balance Sheet?
Sep 17Analysts Are Betting On Taseko Mines Limited (TSE:TKO) With A Big Upgrade This Week
Mar 08Taseko Mines (TSE:TKO) Use Of Debt Could Be Considered Risky
Mar 02Taseko Mines (TSE:TKO) Takes On Some Risk With Its Use Of Debt
Sep 02There's Been No Shortage Of Growth Recently For Taseko Mines' (TSE:TKO) Returns On Capital
Aug 11Analysts Are More Bearish On Taseko Mines Limited (TSE:TKO) Than They Used To Be
Jul 10Financial Position Analysis
Short Term Liabilities: TKO's short term assets (CA$368.9M) exceed its short term liabilities (CA$215.7M).
Long Term Liabilities: TKO's short term assets (CA$368.9M) do not cover its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: TKO's net debt to equity ratio (110.5%) is considered high.
Reducing Debt: TKO's debt to equity ratio has increased from 111.5% to 154.2% over the past 5 years.
Debt Coverage: TKO's debt is well covered by operating cash flow (29.9%).
Interest Coverage: TKO's interest payments on its debt are not well covered by EBIT (1x coverage).