Triple Flag Precious Metals Balance Sheet Health
Financial Health criteria checks 5/6
Triple Flag Precious Metals has a total shareholder equity of $1.7B and total debt of $20.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are $1.7B and $40.0M respectively.
Key information
1.2%
Debt to equity ratio
US$20.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.03m |
| Equity | US$1.70b |
| Total liabilities | US$39.97m |
| Total assets | US$1.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3Y0's short term assets ($58.4M) exceed its short term liabilities ($10.1M).
Long Term Liabilities: 3Y0's short term assets ($58.4M) exceed its long term liabilities ($29.9M).
Debt to Equity History and Analysis
Debt Level: 3Y0 has more cash than its total debt.
Reducing Debt: 3Y0's debt to equity ratio has reduced from 31.5% to 1.2% over the past 5 years.
Debt Coverage: 3Y0's debt is well covered by operating cash flow (813.1%).
Interest Coverage: Insufficient data to determine if 3Y0's interest payments on its debt are well covered by EBIT.