Aris Mining Balance Sheet Health
Financial Health criteria checks 3/6
Aris Mining has a total shareholder equity of $1.1B and total debt of $365.0M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are $1.8B and $736.4M respectively. Aris Mining's EBIT is $104.2M making its interest coverage ratio 5.6. It has cash and short-term investments of $80.3M.
Key information
33.4%
Debt to equity ratio
US$365.01m
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$80.30m |
| Equity | US$1.09b |
| Total liabilities | US$736.43m |
| Total assets | US$1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZP1's short term assets ($207.0M) exceed its short term liabilities ($142.7M).
Long Term Liabilities: ZP1's short term assets ($207.0M) do not cover its long term liabilities ($593.7M).
Debt to Equity History and Analysis
Debt Level: ZP1's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: ZP1's debt to equity ratio has reduced from 37.1% to 33.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if ZP1 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ZP1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.