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 ratio16.7x
CashAU$87.63m
EquityAU$219.11m
Total liabilitiesAU$47.67m
Total assetsAU$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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