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).