Sandfire Resources Balance Sheet Health
Financial Health criteria checks 3/6
Sandfire Resources has a total shareholder equity of $1.7B and total debt of $558.1M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are $2.9B and $1.3B respectively.
Key information
33.5%
Debt to equity ratio
US$558.10m
Debt
Interest coverage ratio | n/a |
Cash | US$105.39m |
Equity | US$1.67b |
Total liabilities | US$1.27b |
Total assets | US$2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2Z's short term assets ($263.1M) exceed its short term liabilities ($227.6M).
Long Term Liabilities: S2Z's short term assets ($263.1M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: S2Z's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: S2Z's debt to equity ratio has increased from 0.08% to 33.5% over the past 5 years.
Debt Coverage: S2Z's debt is well covered by operating cash flow (41.8%).
Interest Coverage: Insufficient data to determine if S2Z's interest payments on its debt are well covered by EBIT.