Avino Silver & Gold Mines Balance Sheet Health
Financial Health criteria checks 6/6
Avino Silver & Gold Mines has a total shareholder equity of $114.5M and total debt of $234.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $135.4M and $20.9M respectively. Avino Silver & Gold Mines's EBIT is $6.7M making its interest coverage ratio 69.4. It has cash and short-term investments of $7.8M.
Key information
0.2%
Debt to equity ratio
US$234.00k
Debt
| Interest coverage ratio | 69.4x |
| Cash | US$7.77m |
| Equity | US$114.49m |
| Total liabilities | US$20.88m |
| Total assets | US$135.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GV6's short term assets ($27.6M) exceed its short term liabilities ($11.7M).
Long Term Liabilities: GV6's short term assets ($27.6M) exceed its long term liabilities ($9.2M).
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 8.9% to 0.2% over the past 5 years.
Debt Coverage: GV6's debt is well covered by operating cash flow (3501.7%).
Interest Coverage: GV6's interest payments on its debt are well covered by EBIT (69.4x coverage).