Endeavour Mining Balance Sheet Health
Financial Health criteria checks 3/6
Endeavour Mining has a total shareholder equity of $3.4B and total debt of $1.3B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are $5.9B and $2.5B respectively. Endeavour Mining's EBIT is $385.8M making its interest coverage ratio 5.4. It has cash and short-term investments of $461.0M.
Key information
38.1%
Debt to equity ratio
US$1.30b
Debt
Interest coverage ratio | 5.4x |
Cash | US$461.00m |
Equity | US$3.42b |
Total liabilities | US$2.51b |
Total assets | US$5.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6E2's short term assets ($1.1B) exceed its short term liabilities ($585.9M).
Long Term Liabilities: 6E2's short term assets ($1.1B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: 6E2's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: 6E2's debt to equity ratio has reduced from 63.6% to 38.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 6E2 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6E2 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.