Avino Silver & Gold Mines Balance Sheet Health
Financial Health criteria checks 6/6
Avino Silver & Gold Mines has a total shareholder equity of $106.0M and total debt of $359.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $128.3M and $22.3M respectively. Avino Silver & Gold Mines's EBIT is $295.0K making its interest coverage ratio -8.9. It has cash and short-term investments of $2.7M.
Key information
0.3%
Debt to equity ratio
US$359.00k
Debt
Interest coverage ratio | -8.9x |
Cash | US$2.69m |
Equity | US$106.00m |
Total liabilities | US$22.34m |
Total assets | US$128.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GV6's short term assets ($23.5M) exceed its short term liabilities ($13.8M).
Long Term Liabilities: GV6's short term assets ($23.5M) exceed its long term liabilities ($8.5M).
Debt to Equity History and Analysis
Debt Level: GV6 has more cash than its total debt.
Reducing Debt: GV6's debt to equity ratio has reduced from 10.4% to 0.3% over the past 5 years.
Debt Coverage: GV6's debt is well covered by operating cash flow (414.5%).
Interest Coverage: GV6 earns more interest than it pays, so coverage of interest payments is not a concern.