Santacruz Silver Mining Balance Sheet Health
Financial Health criteria checks 6/6
Santacruz Silver Mining has a total shareholder equity of $140.5M and total debt of $20.1M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are $370.8M and $230.3M respectively. Santacruz Silver Mining's EBIT is $6.9M making its interest coverage ratio 3. It has cash and short-term investments of $7.3M.
Key information
14.3%
Debt to equity ratio
US$20.09m
Debt
| Interest coverage ratio | 3x |
| Cash | US$7.31m |
| Equity | US$140.51m |
| Total liabilities | US$230.34m |
| Total assets | US$370.85m |
Recent financial health updates
Is Santacruz Silver Mining (CVE:SCZ) Using Too Much Debt?
Aug 08
Is Santacruz Silver Mining (CVE:SCZ) Using Too Much Debt?
Jan 23Is Santacruz Silver Mining (CVE:SCZ) A Risky Investment?
Sep 27We Think Santacruz Silver Mining (CVE:SCZ) Has A Fair Chunk Of Debt
Jan 14Santacruz Silver Mining (CVE:SCZ) Is Making Moderate Use Of Debt
Sep 30Recent updates
Market Cool On Santacruz Silver Mining Ltd.'s (CVE:SCZ) Revenues Pushing Shares 35% Lower
Nov 18The Market Lifts Santacruz Silver Mining Ltd. (CVE:SCZ) Shares 31% But It Can Do More
Oct 04Calculating The Intrinsic Value Of Santacruz Silver Mining Ltd. (CVE:SCZ)
Sep 16It's Down 26% But Santacruz Silver Mining Ltd. (CVE:SCZ) Could Be Riskier Than It Looks
Aug 10Is Santacruz Silver Mining (CVE:SCZ) Using Too Much Debt?
Aug 08Santacruz Silver Mining Ltd. (CVE:SCZ) Stock Rockets 33% But Many Are Still Ignoring The Company
May 22Santacruz Silver Mining (CVE:SCZ) Is Posting Solid Earnings, But It Is Not All Good News
May 10Market Might Still Lack Some Conviction On Santacruz Silver Mining Ltd. (CVE:SCZ) Even After 46% Share Price Boost
Apr 06Santacruz Silver Mining Ltd. (CVE:SCZ) Stock Rockets 32% But Many Are Still Ignoring The Company
Dec 22It's A Story Of Risk Vs Reward With Santacruz Silver Mining Ltd. (CVE:SCZ)
Sep 04Is Santacruz Silver Mining (CVE:SCZ) Using Too Much Debt?
Jan 23Is Santacruz Silver Mining (CVE:SCZ) A Risky Investment?
Sep 27We Think Santacruz Silver Mining (CVE:SCZ) Has A Fair Chunk Of Debt
Jan 14Santacruz Silver Mining (CVE:SCZ) Is Making Moderate Use Of Debt
Sep 30If You Had Bought Santacruz Silver Mining (CVE:SCZ) Shares Five Years Ago You'd Have Earned 337% Returns
Jan 26Financial Position Analysis
Short Term Liabilities: SCZ's short term assets ($131.8M) exceed its short term liabilities ($116.8M).
Long Term Liabilities: SCZ's short term assets ($131.8M) exceed its long term liabilities ($113.5M).
Debt to Equity History and Analysis
Debt Level: SCZ's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: SCZ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SCZ's debt is well covered by operating cash flow (99.6%).
Interest Coverage: SCZ's interest payments on its debt are well covered by EBIT (3x coverage).