Santacruz Silver Mining Balance Sheet Health
Financial Health criteria checks 2/6
Santacruz Silver Mining has a total shareholder equity of $-12.0M and total debt of $17.4M, which brings its debt-to-equity ratio to -145.9%. Its total assets and total liabilities are $359.8M and $371.8M respectively. Santacruz Silver Mining's EBIT is $13.8M making its interest coverage ratio 24. It has cash and short-term investments of $3.2M.
Key information
-145.9%
Debt to equity ratio
US$17.44m
Debt
| Interest coverage ratio | 24x |
| Cash | US$3.19m |
| Equity | -US$11.95m |
| Total liabilities | US$371.77m |
| Total assets | US$359.82m |
Recent financial health updates
Is Santacruz Silver Mining (CVE:SCZ) Using Too Much Debt?
Jan 23
Is 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 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 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SCZ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SCZ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SCZ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SCZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SCZ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.5% per year.