Aris Mining Balance Sheet Health
Financial Health criteria checks 4/6
Aris Mining has a total shareholder equity of $624.7M and total debt of $377.8M, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are $1.4B and $728.2M respectively. Aris Mining's EBIT is $119.3M making its interest coverage ratio 6.5. It has cash and short-term investments of $194.6M.
Key information
60.5%
Debt to equity ratio
US$377.83m
Debt
Interest coverage ratio | 6.5x |
Cash | US$194.62m |
Equity | US$624.66m |
Total liabilities | US$728.22m |
Total assets | US$1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZP1's short term assets ($289.1M) exceed its short term liabilities ($134.2M).
Long Term Liabilities: ZP1's short term assets ($289.1M) do not cover its long term liabilities ($594.0M).
Debt to Equity History and Analysis
Debt Level: ZP1's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: ZP1's debt to equity ratio has increased from 30.1% to 60.5% over the past 5 years.
Debt Coverage: ZP1's debt is well covered by operating cash flow (27.7%).
Interest Coverage: ZP1's interest payments on its debt are well covered by EBIT (6.5x coverage).