K92 Mining Balance Sheet Health
Financial Health criteria checks 6/6
K92 Mining has a total shareholder equity of $414.2M and total debt of $59.0M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are $553.5M and $139.3M respectively. K92 Mining's EBIT is $118.0M making its interest coverage ratio -1999.5. It has cash and short-term investments of $120.3M.
Key information
14.2%
Debt to equity ratio
US$59.00m
Debt
| Interest coverage ratio | -1999.5x |
| Cash | US$120.33m |
| Equity | US$414.21m |
| Total liabilities | US$139.33m |
| Total assets | US$553.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 92K's short term assets ($190.0M) exceed its short term liabilities ($67.2M).
Long Term Liabilities: 92K's short term assets ($190.0M) exceed its long term liabilities ($72.2M).
Debt to Equity History and Analysis
Debt Level: 92K has more cash than its total debt.
Reducing Debt: 92K's debt to equity ratio has reduced from 14.5% to 14.2% over the past 5 years.
Debt Coverage: 92K's debt is well covered by operating cash flow (241.8%).
Interest Coverage: 92K earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 22:00 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
K92 Mining Inc. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Quast | BMO Capital Markets Equity Research |
| Carey MacRury | Canaccord Genuity |
| Varun Arora | Clarus Securities Inc. |