Anglo American Balance Sheet Health
Financial Health criteria checks 4/6
Anglo American has a total shareholder equity of $31.6B and total debt of $15.4B, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are $66.5B and $34.9B respectively. Anglo American's EBIT is $6.5B making its interest coverage ratio 12. It has cash and short-term investments of $6.1B.
Key information
48.7%
Debt to equity ratio
US$15.40b
Debt
Interest coverage ratio | 12x |
Cash | US$6.14b |
Equity | US$31.62b |
Total liabilities | US$34.93b |
Total assets | US$66.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAM's short term assets ($17.3B) exceed its short term liabilities ($9.4B).
Long Term Liabilities: AAM's short term assets ($17.3B) do not cover its long term liabilities ($25.6B).
Debt to Equity History and Analysis
Debt Level: AAM's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: AAM's debt to equity ratio has increased from 30.2% to 48.7% over the past 5 years.
Debt Coverage: AAM's debt is well covered by operating cash flow (42.2%).
Interest Coverage: AAM's interest payments on its debt are well covered by EBIT (12x coverage).