McEwen Mining Balance Sheet Health
Financial Health criteria checks 4/6
McEwen Mining has a total shareholder equity of $502.1M and total debt of $40.0M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are $667.8M and $165.7M respectively.
Key information
8.0%
Debt to equity ratio
US$40.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.23m |
| Equity | US$502.10m |
| Total liabilities | US$165.69m |
| Total assets | US$667.79m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: US8's short term assets ($59.6M) exceed its short term liabilities ($50.9M).
Long Term Liabilities: US8's short term assets ($59.6M) do not cover its long term liabilities ($114.8M).
Debt to Equity History and Analysis
Debt Level: US8's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: US8's debt to equity ratio has reduced from 10.3% to 8% over the past 5 years.
Debt Coverage: US8's debt is well covered by operating cash flow (116.9%).
Interest Coverage: Insufficient data to determine if US8's interest payments on its debt are well covered by EBIT.