Calibre Mining Balance Sheet Health
Financial Health criteria checks 4/6
Calibre Mining has a total shareholder equity of $970.9M and total debt of $329.3M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are $1.7B and $731.6M respectively. Calibre Mining's EBIT is $75.6M making its interest coverage ratio 26.4. It has cash and short-term investments of $115.8M.
Key information
33.9%
Debt to equity ratio
US$329.25m
Debt
| Interest coverage ratio | 26.4x |
| Cash | US$115.80m |
| Equity | US$970.90m |
| Total liabilities | US$731.57m |
| Total assets | US$1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WCLA's short term assets ($370.4M) exceed its short term liabilities ($180.0M).
Long Term Liabilities: WCLA's short term assets ($370.4M) do not cover its long term liabilities ($551.5M).
Debt to Equity History and Analysis
Debt Level: WCLA's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: WCLA's debt to equity ratio has increased from 0% to 33.9% over the past 5 years.
Debt Coverage: WCLA's debt is well covered by operating cash flow (45.3%).
Interest Coverage: WCLA's interest payments on its debt are well covered by EBIT (26.4x coverage).