Rand Mining Balance Sheet Health
Financial Health criteria checks 6/6
Rand Mining has a total shareholder equity of A$98.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$104.2M and A$5.6M respectively. Rand Mining's EBIT is A$9.8M making its interest coverage ratio -208.9. It has cash and short-term investments of A$3.2M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -208.9x |
| Cash | AU$3.17m |
| Equity | AU$98.67m |
| Total liabilities | AU$5.58m |
| Total assets | AU$104.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 014's short term assets (A$81.2M) exceed its short term liabilities (A$3.4M).
Long Term Liabilities: 014's short term assets (A$81.2M) exceed its long term liabilities (A$2.2M).
Debt to Equity History and Analysis
Debt Level: 014 is debt free.
Reducing Debt: 014 has not had any debt for past 5 years.
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.