McEwen Mining Balance Sheet Health
Financial Health criteria checks 3/6
McEwen Mining has a total shareholder equity of $502.4M and total debt of $40.0M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are $657.2M and $154.8M respectively.
Key information
8.0%
Debt to equity ratio
US$40.00m
Debt
Interest coverage ratio | n/a |
Cash | US$24.76m |
Equity | US$502.42m |
Total liabilities | US$154.82m |
Total assets | US$657.24m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: US8's short term assets ($52.7M) exceed its short term liabilities ($30.0M).
Long Term Liabilities: US8's short term assets ($52.7M) do not cover its long term liabilities ($124.8M).
Debt to Equity History and Analysis
Debt Level: US8's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: US8's debt to equity ratio has reduced from 10.1% to 8% over the past 5 years.
Debt Coverage: US8's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if US8's interest payments on its debt are well covered by EBIT.