Fortuna Silver Mines Balance Sheet Health
Financial Health criteria checks 4/6
Fortuna Silver Mines has a total shareholder equity of $1.3B and total debt of $206.8M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $2.0B and $679.7M respectively. Fortuna Silver Mines's EBIT is $42.6M making its interest coverage ratio 7. It has cash and short-term investments of $128.1M.
Key information
16.1%
Debt to equity ratio
US$206.85m
Debt
Interest coverage ratio | 7x |
Cash | US$128.15m |
Equity | US$1.29b |
Total liabilities | US$679.74m |
Total assets | US$1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F4S's short term assets ($333.3M) exceed its short term liabilities ($243.8M).
Long Term Liabilities: F4S's short term assets ($333.3M) do not cover its long term liabilities ($436.0M).
Debt to Equity History and Analysis
Debt Level: F4S's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: F4S's debt to equity ratio has increased from 11.5% to 16.1% over the past 5 years.
Debt Coverage: F4S's debt is well covered by operating cash flow (143.5%).
Interest Coverage: F4S's interest payments on its debt are well covered by EBIT (7x coverage).