Hudbay Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Hudbay Minerals has a total shareholder equity of $2.2B and total debt of $1.3B, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are $5.3B and $3.1B respectively. Hudbay Minerals's EBIT is $300.3M making its interest coverage ratio 4.2. It has cash and short-term investments of $250.5M.
Key information
58.8%
Debt to equity ratio
US$1.30b
Debt
Interest coverage ratio | 4.2x |
Cash | US$250.52m |
Equity | US$2.21b |
Total liabilities | US$3.11b |
Total assets | US$5.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCKA's short term assets ($673.2M) exceed its short term liabilities ($537.3M).
Long Term Liabilities: OCKA's short term assets ($673.2M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: OCKA's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: OCKA's debt to equity ratio has increased from 45% to 58.8% over the past 5 years.
Debt Coverage: OCKA's debt is well covered by operating cash flow (36.7%).
Interest Coverage: OCKA's interest payments on its debt are well covered by EBIT (4.2x coverage).