SSR Mining Balance Sheet Health
Financial Health criteria checks 6/6
SSR Mining has a total shareholder equity of $4.3B and total debt of $228.4M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are $5.4B and $1.1B respectively. SSR Mining's EBIT is $281.9M making its interest coverage ratio -47. It has cash and short-term investments of $513.3M.
Key information
5.3%
Debt to equity ratio
US$228.44m
Debt
Interest coverage ratio | -47x |
Cash | US$513.34m |
Equity | US$4.30b |
Total liabilities | US$1.08b |
Total assets | US$5.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZSV's short term assets ($1.2B) exceed its short term liabilities ($170.6M).
Long Term Liabilities: ZSV's short term assets ($1.2B) exceed its long term liabilities ($911.0M).
Debt to Equity History and Analysis
Debt Level: ZSV has more cash than its total debt.
Reducing Debt: ZSV's debt to equity ratio has reduced from 24.6% to 5.3% over the past 5 years.
Debt Coverage: ZSV's debt is well covered by operating cash flow (184.6%).
Interest Coverage: ZSV earns more interest than it pays, so coverage of interest payments is not a concern.