Southern Copper Balance Sheet Health
Financial Health criteria checks 4/6
Southern Copper has a total shareholder equity of $7.6B and total debt of $6.3B, which brings its debt-to-equity ratio to 82.2%. Its total assets and total liabilities are $16.8B and $9.2B respectively. Southern Copper's EBIT is $4.0B making its interest coverage ratio 17.4. It has cash and short-term investments of $1.6B.
Key information
82.2%
Debt to equity ratio
US$6.26b
Debt
Interest coverage ratio | 17.4x |
Cash | US$1.58b |
Equity | US$7.61b |
Total liabilities | US$9.18b |
Total assets | US$16.79b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCU's short term assets ($4.4B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: PCU's short term assets ($4.4B) do not cover its long term liabilities ($7.8B).
Debt to Equity History and Analysis
Debt Level: PCU's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: PCU's debt to equity ratio has reduced from 89.1% to 82.2% over the past 5 years.
Debt Coverage: PCU's debt is well covered by operating cash flow (48.7%).
Interest Coverage: PCU's interest payments on its debt are well covered by EBIT (17.4x coverage).