Jaguar Mining Balance Sheet Health
Financial Health criteria checks 6/6
Jaguar Mining has a total shareholder equity of $243.1M and total debt of $3.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $309.1M and $66.0M respectively. Jaguar Mining's EBIT is $15.3M making its interest coverage ratio -32.7. It has cash and short-term investments of $26.5M.
Key information
1.3%
Debt to equity ratio
US$3.13m
Debt
Interest coverage ratio | -32.7x |
Cash | US$26.48m |
Equity | US$243.11m |
Total liabilities | US$65.95m |
Total assets | US$309.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 32JP's short term assets ($52.7M) exceed its short term liabilities ($31.3M).
Long Term Liabilities: 32JP's short term assets ($52.7M) exceed its long term liabilities ($34.7M).
Debt to Equity History and Analysis
Debt Level: 32JP has more cash than its total debt.
Reducing Debt: 32JP's debt to equity ratio has reduced from 21.4% to 1.3% over the past 5 years.
Debt Coverage: 32JP's debt is well covered by operating cash flow (1080%).
Interest Coverage: 32JP earns more interest than it pays, so coverage of interest payments is not a concern.