Avino Silver & Gold Mines Balance Sheet Health
Financial Health criteria checks 5/6
Avino Silver & Gold Mines has a total shareholder equity of $107.8M and total debt of $315.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $128.6M and $20.8M respectively. Avino Silver & Gold Mines's EBIT is $571.0K making its interest coverage ratio 2.6. It has cash and short-term investments of $3.5M.
Key information
0.3%
Debt to equity ratio
US$315.00k
Debt
Interest coverage ratio | 2.6x |
Cash | US$3.47m |
Equity | US$107.80m |
Total liabilities | US$20.84m |
Total assets | US$128.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GV6's short term assets ($22.4M) exceed its short term liabilities ($12.7M).
Long Term Liabilities: GV6's short term assets ($22.4M) exceed its long term liabilities ($8.2M).
Debt to Equity History and Analysis
Debt Level: GV6 has more cash than its total debt.
Reducing Debt: GV6's debt to equity ratio has reduced from 10% to 0.3% over the past 5 years.
Debt Coverage: GV6's debt is well covered by operating cash flow (1075.2%).
Interest Coverage: GV6's interest payments on its debt are not well covered by EBIT (2.6x coverage).