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.