Resolute Mining Balance Sheet Health
Financial Health criteria checks 6/6
Resolute Mining has a total shareholder equity of $548.7M and total debt of $47.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are $891.9M and $343.2M respectively. Resolute Mining's EBIT is $88.4M making its interest coverage ratio 11.3. It has cash and short-term investments of $101.4M.
Key information
8.7%
Debt to equity ratio
US$47.70m
Debt
| Interest coverage ratio | 11.3x |
| Cash | US$101.44m |
| Equity | US$548.67m |
| Total liabilities | US$343.19m |
| Total assets | US$891.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSM's short term assets ($299.9M) exceed its short term liabilities ($252.5M).
Long Term Liabilities: RSM's short term assets ($299.9M) exceed its long term liabilities ($90.7M).
Debt to Equity History and Analysis
Debt Level: RSM has more cash than its total debt.
Reducing Debt: RSM's debt to equity ratio has reduced from 32.7% to 8.7% over the past 5 years.
Debt Coverage: RSM's debt is well covered by operating cash flow (332.1%).
Interest Coverage: RSM's interest payments on its debt are well covered by EBIT (11.3x coverage).