AIC Mines Balance Sheet Health
Financial Health criteria checks 5/6
AIC Mines has a total shareholder equity of A$219.1M and total debt of A$6.8M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are A$266.8M and A$47.7M respectively. AIC Mines's EBIT is A$12.3M making its interest coverage ratio 16.7. It has cash and short-term investments of A$87.6M.
Key information
3.1%
Debt to equity ratio
AU$6.84m
Debt
| Interest coverage ratio | 16.7x |
| Cash | AU$87.63m |
| Equity | AU$219.11m |
| Total liabilities | AU$47.67m |
| Total assets | AU$266.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLS's short term assets (A$99.1M) exceed its short term liabilities (A$23.4M).
Long Term Liabilities: HLS's short term assets (A$99.1M) exceed its long term liabilities (A$24.3M).
Debt to Equity History and Analysis
Debt Level: HLS has more cash than its total debt.
Reducing Debt: HLS's debt to equity ratio has increased from 0% to 3.1% over the past 5 years.
Debt Coverage: HLS's debt is well covered by operating cash flow (759.5%).
Interest Coverage: HLS's interest payments on its debt are well covered by EBIT (16.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 17:56 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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
AIC Mines Limited is covered by 7 analysts. 5 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 |
|---|---|
| David Coates | Bell Potter |
| Mitch Ryan | Jefferies LLC |
| Daniel Roden | Jefferies LLC |