Ramelius Resources Balance Sheet Health
Financial Health criteria checks 6/6
Ramelius Resources has a total shareholder equity of A$1.1B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.4B and A$239.7M respectively. Ramelius Resources's EBIT is A$103.5M making its interest coverage ratio -22.3. It has cash and short-term investments of A$249.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -22.3x |
Cash | AU$249.32m |
Equity | AU$1.15b |
Total liabilities | AU$239.70m |
Total assets | AU$1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RRZ's short term assets (A$415.3M) exceed its short term liabilities (A$121.1M).
Long Term Liabilities: RRZ's short term assets (A$415.3M) exceed its long term liabilities (A$118.6M).
Debt to Equity History and Analysis
Debt Level: RRZ is debt free.
Reducing Debt: RRZ had no debt 5 years ago.
Debt Coverage: RRZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RRZ has no debt, therefore coverage of interest payments is not a concern.