Taseko Mines Balance Sheet Health

Financial Health criteria checks 2/6

Taseko Mines has a total shareholder equity of CA$465.1M and total debt of CA$635.5M, which brings its debt-to-equity ratio to 136.6%. Its total assets and total liabilities are CA$1.8B and CA$1.4B respectively. Taseko Mines's EBIT is CA$112.6M making its interest coverage ratio 2.7. It has cash and short-term investments of CA$159.1M.

Key information

136.6%

Debt to equity ratio

CA$635.53m

Debt

Interest coverage ratio	2.7x
Cash	CA$159.06m
Equity	CA$465.13m
Total liabilities	CA$1.37b
Total assets	CA$1.84b

Recent financial health updates

Recent updates

There May Be Underlying Issues With The Quality Of Taseko Mines' (TSE:TKO) Earnings

May 09

We Think Taseko Mines (TSE:TKO) Is Taking Some Risk With Its Debt

Apr 29

Further Upside For Taseko Mines Limited (TSE:TKO) Shares Could Introduce Price Risks After 33% Bounce

Mar 25

Here's Why Taseko Mines (TSE:TKO) Is Weighed Down By Its Debt Load

Jan 26

Does Taseko Mines (TSE:TKO) Have A Healthy Balance Sheet?

Sep 17

Analysts Are Betting On Taseko Mines Limited (TSE:TKO) With A Big Upgrade This Week

Mar 08

Taseko Mines (TSE:TKO) Use Of Debt Could Be Considered Risky

Mar 02

Taseko Mines (TSE:TKO) Takes On Some Risk With Its Use Of Debt

Sep 02

There's Been No Shortage Of Growth Recently For Taseko Mines' (TSE:TKO) Returns On Capital

Aug 11

Analysts Are More Bearish On Taseko Mines Limited (TSE:TKO) Than They Used To Be

Jul 10

Some Taseko Mines Limited (TSE:TKO) Shareholders Look For Exit As Shares Take 27% Pounding

May 10

With EPS Growth And More, Taseko Mines (TSE:TKO) Is Interesting

May 07

Taseko Mines' (TSE:TKO) Returns On Capital Are Heading Higher

Apr 12

Here's Why Taseko Mines (TSE:TKO) Has A Meaningful Debt Burden

Dec 15

Financial Position Analysis

Short Term Liabilities: TKO's short term assets (CA$322.5M) exceed its short term liabilities (CA$163.4M).

Long Term Liabilities: TKO's short term assets (CA$322.5M) do not cover its long term liabilities (CA$1.2B).

Debt to Equity History and Analysis

Debt Level: TKO's net debt to equity ratio (102.4%) is considered high.

Reducing Debt: TKO's debt to equity ratio has increased from 95.5% to 136.6% over the past 5 years.

Debt Coverage: TKO's debt is well covered by operating cash flow (28.7%).

Interest Coverage: TKO's interest payments on its debt are not well covered by EBIT (2.7x coverage).

Taseko Mines Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

We Think Taseko Mines (TSE:TKO) Is Taking Some Risk With Its Debt

Here's Why Taseko Mines (TSE:TKO) Is Weighed Down By Its Debt Load

Does Taseko Mines (TSE:TKO) Have A Healthy Balance Sheet?

Taseko Mines (TSE:TKO) Use Of Debt Could Be Considered Risky

Taseko Mines (TSE:TKO) Takes On Some Risk With Its Use Of Debt

Here's Why Taseko Mines (TSE:TKO) Has A Meaningful Debt Burden

Recent updates

Taseko Mines Limited Suspends Operations At Gibraltar Mine

Investor sentiment deteriorates as stock falls 19%

Price target increased by 7.8% to CA$4.16

Non-Independent Director recently sold CA$1.2m worth of stock

There May Be Underlying Issues With The Quality Of Taseko Mines' (TSE:TKO) Earnings

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

We Think Taseko Mines (TSE:TKO) Is Taking Some Risk With Its Debt

Price target increased by 7.4% to CA$3.65

Independent Director recently sold CA$1.7m worth of stock

Price target increased by 7.4% to CA$3.65

Taseko Mines Limited, Annual General Meeting, Jun 13, 2024

Non-Independent Director recently sold CA$562k worth of stock

Taseko Mines Limited (TSX:TKO) entered into definitive agreement to acquire remaining 12.5% stake in Gibraltar Mines Ltd from Furukawa Co.,Ltd. (TSE:5715) and Dowa Metals & Mining Co., Ltd. for approximately CAD 140 million.

Consensus revenue estimates increase by 12%

Taseko Mines Limited (TSX:TKO) entered into definitive agreement to acquire remaining 12.5% stake in Gibraltar Mines Ltd from Furukawa Co.,Ltd. (TSE:5715) and Dowa Metals & Mining Co., Ltd. for approximately CAD 140 million.

Price target increased by 7.5% to CA$3.09

Further Upside For Taseko Mines Limited (TSE:TKO) Shares Could Introduce Price Risks After 33% Bounce

Taseko Mines Limited (TSX:TKO) completed the acquisition of an additional 25% stake in Cariboo Copper Corporation from Furukawa Co.,Ltd. (TSE:5715).

New minor risk - Insider selling

Independent Director recently sold CA$253k worth of stock

Investor sentiment improves as stock rises 15%

Full year 2023 earnings: EPS exceeds analyst expectations

Investor sentiment improves as stock rises 16%

Here's Why Taseko Mines (TSE:TKO) Is Weighed Down By Its Debt Load

New minor risk - Insider selling

Taseko Mines Limited Provides an Update on Construction Progress At its Florence Copper Project

Independent Chairman of the Board exercised options to buy CA$128k worth of stock.

Taseko Mines Limited Announces Copper Production from Gibraltar Mine for the Fourth Quarter and Year 2023

Independent Chairman of the Board exercised options to buy CA$128k worth of stock.

Independent Chairman of the Board recently bought CA$604k worth of stock

Non-Independent Director exercised options and sold CA$172k worth of stock

President exercised options and sold CA$89k worth of stock

Taseko Mines Limited Appoints Richard Tremblay as Chief Operating Officer

Investor sentiment improves as stock rises 18%

Third quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.082 loss in 3Q 2022)

Taseko Mines Limited to Report Q3, 2023 Results on Nov 01, 2023

Does Taseko Mines (TSE:TKO) Have A Healthy Balance Sheet?

Taseko Mines Limited Announces Final Permit for the Florence Copper Project

Second quarter 2023 earnings released: EPS: CA$0.035 (vs CA$0.018 loss in 2Q 2022)

Taseko Mines Limited to Report Q2, 2023 Results on Aug 02, 2023

Non-Independent Director exercised options and sold CA$179k worth of stock

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Taseko Mines Limited Provides Production Guidance for the Year 2023

Insider recently bought CA$59k worth of stock

Analysts Are Betting On Taseko Mines Limited (TSE:TKO) With A Big Upgrade This Week

Taseko Mines (TSE:TKO) Use Of Debt Could Be Considered Risky

Full year 2022 earnings released: CA$0.091 loss per share (vs CA$0.13 profit in FY 2021)

Price target increased by 7.9% to CA$2.64

Non-Independent Director exercised options and sold CA$108k worth of stock

Price target increased to CA$2.48

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Taseko Mines Limited Provides Production Guidance for the Fourth Quarter of 2022

Taseko Mines Limited to Report Q3, 2022 Results on Nov 03, 2022

Taseko Mines Limited Provides Florence Copper Permitting Update

Investor sentiment deteriorated over the past week

Taseko Mines Limited Provides Update on Public Comment Period for Florence Copper UIC Permit

Investor sentiment improved over the past week

Taseko Mines (TSE:TKO) Takes On Some Risk With Its Use Of Debt

Taseko Mines Limited Announces EPA Issues Draft Permit for Florence Copper Project

Consensus EPS estimates have been downgraded.

Taseko Mines Limited Announces Environmental Protection Agency Issues Draft Underground Injection Control Permit for Its Florence Copper Project

There's Been No Shortage Of Growth Recently For Taseko Mines' (TSE:TKO) Returns On Capital

Second quarter 2022 earnings released: CA$0.018 loss per share (vs CA$0.047 profit in 2Q 2021)

Taseko Mines Limited Provides Production Guidance for the Year 2022

Taseko Mines Limited to Report Q2, 2022 Results on Aug 08, 2022

Price target decreased to CA$2.54

Investor sentiment deteriorated over the past week

Analysts Are More Bearish On Taseko Mines Limited (TSE:TKO) Than They Used To Be

Price target decreased to CA$2.79