Rand Mining Balance Sheet Health
Financial Health criteria checks 6/6
Rand Mining has a total shareholder equity of A$96.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$103.5M and A$7.5M respectively. Rand Mining's EBIT is A$14.2M making its interest coverage ratio -1007.6. It has cash and short-term investments of A$1.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -1007.6x |
| Cash | AU$1.90m |
| Equity | AU$95.98m |
| Total liabilities | AU$7.49m |
| Total assets | AU$103.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 014's short term assets (A$77.1M) exceed its short term liabilities (A$2.4M).
Long Term Liabilities: 014's short term assets (A$77.1M) exceed its long term liabilities (A$5.1M).
Debt to Equity History and Analysis
Debt Level: 014 is debt free.
Reducing Debt: 014 had no debt 5 years ago.
Debt Coverage: 014 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 014 has no debt, therefore coverage of interest payments is not a concern.