Bayan Resources Balance Sheet Health
Financial Health criteria checks 6/6
Bayan Resources has a total shareholder equity of $2.2B and total debt of $137.2M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are $2.9B and $657.6M respectively. Bayan Resources's EBIT is $1.3B making its interest coverage ratio -104.4. It has cash and short-term investments of $399.2M.
Key information
6.3%
Debt to equity ratio
US$137.25m
Debt
Interest coverage ratio | -104.4x |
Cash | US$399.18m |
Equity | US$2.20b |
Total liabilities | US$657.63m |
Total assets | US$2.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNB's short term assets ($1.3B) exceed its short term liabilities ($530.2M).
Long Term Liabilities: BNB's short term assets ($1.3B) exceed its long term liabilities ($127.4M).
Debt to Equity History and Analysis
Debt Level: BNB has more cash than its total debt.
Reducing Debt: BNB's debt to equity ratio has reduced from 12.6% to 6.3% over the past 5 years.
Debt Coverage: BNB's debt is well covered by operating cash flow (576.9%).
Interest Coverage: BNB earns more interest than it pays, so coverage of interest payments is not a concern.