Taseko Mines Balance Sheet Health
Financial Health criteria checks 3/6
Taseko Mines has a total shareholder equity of CA$434.1M and total debt of CA$619.9M, which brings its debt-to-equity ratio to 142.8%. Its total assets and total liabilities are CA$1.6B and CA$1.1B respectively. Taseko Mines's EBIT is CA$120.3M making its interest coverage ratio 3.1. It has cash and short-term investments of CA$97.8M.
Key information
142.8%
Debt to equity ratio
CA$619.92m
Debt
Interest coverage ratio | 3.1x |
Cash | CA$97.81m |
Equity | CA$434.15m |
Total liabilities | CA$1.13b |
Total assets | CA$1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UDM's short term assets (CA$249.5M) exceed its short term liabilities (CA$141.2M).
Long Term Liabilities: UDM's short term assets (CA$249.5M) do not cover its long term liabilities (CA$991.0M).
Debt to Equity History and Analysis
Debt Level: UDM's net debt to equity ratio (120.3%) is considered high.
Reducing Debt: UDM's debt to equity ratio has increased from 98.4% to 142.8% over the past 5 years.
Debt Coverage: UDM's debt is well covered by operating cash flow (24.4%).
Interest Coverage: UDM's interest payments on its debt are well covered by EBIT (3.1x coverage).