Mineros Balance Sheet Health
Financial Health criteria checks 6/6
Mineros has a total shareholder equity of $345.6M and total debt of $16.3M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are $493.8M and $148.2M respectively. Mineros's EBIT is $110.9M making its interest coverage ratio 14.9. It has cash and short-term investments of $57.1M.
Key information
4.7%
Debt to equity ratio
US$16.26m
Debt
Interest coverage ratio | 14.9x |
Cash | US$57.12m |
Equity | US$345.56m |
Total liabilities | US$148.20m |
Total assets | US$493.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MINEROS's short term assets ($144.3M) exceed its short term liabilities ($84.8M).
Long Term Liabilities: MINEROS's short term assets ($144.3M) exceed its long term liabilities ($63.4M).
Debt to Equity History and Analysis
Debt Level: MINEROS has more cash than its total debt.
Reducing Debt: MINEROS's debt to equity ratio has reduced from 17% to 4.7% over the past 5 years.
Debt Coverage: MINEROS's debt is well covered by operating cash flow (552.9%).
Interest Coverage: MINEROS's interest payments on its debt are well covered by EBIT (14.9x coverage).