Santacruz Silver Mining Balance Sheet Health
Financial Health criteria checks 5/6
Santacruz Silver Mining has a total shareholder equity of $134.7M and total debt of $17.6M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are $338.6M and $203.9M respectively. Santacruz Silver Mining's EBIT is $2.4M making its interest coverage ratio 1. It has cash and short-term investments of $4.0M.
Key information
13.1%
Debt to equity ratio
US$17.63m
Debt
| Interest coverage ratio | 1x |
| Cash | US$4.04m |
| Equity | US$134.74m |
| Total liabilities | US$203.90m |
| Total assets | US$338.64m |
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
Santacruz 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 ($110.0M) exceed its short term liabilities ($102.8M).
Long Term Liabilities: SCZ's short term assets ($110.0M) exceed its long term liabilities ($101.1M).
Debt to Equity History and Analysis
Debt Level: SCZ's net debt to equity ratio (10.1%) 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 (117%).
Interest Coverage: SCZ's interest payments on its debt are not well covered by EBIT (1x coverage).