Ramelius Resources Balance Sheet Health
Financial Health criteria checks 6/6
Ramelius Resources has a total shareholder equity of A$1.3B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.6B and A$264.8M respectively. Ramelius Resources's EBIT is A$266.0M making its interest coverage ratio -27. It has cash and short-term investments of A$424.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -27x |
| Cash | AU$424.27m |
| Equity | AU$1.33b |
| Total liabilities | AU$264.82m |
| Total assets | AU$1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RRZ's short term assets (A$547.2M) exceed its short term liabilities (A$158.7M).
Long Term Liabilities: RRZ's short term assets (A$547.2M) exceed its long term liabilities (A$106.2M).
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.