Griffin Mining Balance Sheet Health

Financial Health criteria checks 6/6

Griffin Mining has a total shareholder equity of $255.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $303.2M and $48.1M respectively. Griffin Mining's EBIT is $19.2M making its interest coverage ratio -28.5. It has cash and short-term investments of $46.9M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio-28.5x
CashUS$46.89m
EquityUS$255.08m
Total liabilitiesUS$48.08m
Total assetsUS$303.15m

Recent financial health updates

No updates

Recent updates

A Look At The Fair Value Of Griffin Mining Limited (LON:GFM)

Jan 31
A Look At The Fair Value Of Griffin Mining Limited (LON:GFM)

There's Been No Shortage Of Growth Recently For Griffin Mining's (LON:GFM) Returns On Capital

Aug 18
There's Been No Shortage Of Growth Recently For Griffin Mining's (LON:GFM) Returns On Capital

Griffin Mining (LON:GFM) Might Be Having Difficulty Using Its Capital Effectively

May 01
Griffin Mining (LON:GFM) Might Be Having Difficulty Using Its Capital Effectively

Calculating The Fair Value Of Griffin Mining Limited (LON:GFM)

Mar 21
Calculating The Fair Value Of Griffin Mining Limited (LON:GFM)

Here's What Griffin Mining Limited's (LON:GFM) Shareholder Ownership Structure Looks Like

Feb 22
Here's What Griffin Mining Limited's (LON:GFM) Shareholder Ownership Structure Looks Like

If You Had Bought Griffin Mining (LON:GFM) Shares Five Years Ago You'd Have Earned 471% Returns

Jan 27
If You Had Bought Griffin Mining (LON:GFM) Shares Five Years Ago You'd Have Earned 471% Returns

The Returns At Griffin Mining (LON:GFM) Provide Us With Signs Of What's To Come

Jan 01
The Returns At Griffin Mining (LON:GFM) Provide Us With Signs Of What's To Come

An Intrinsic Calculation For Griffin Mining Limited (LON:GFM) Suggests It's 22% Undervalued

Dec 06
An Intrinsic Calculation For Griffin Mining Limited (LON:GFM) Suggests It's 22% Undervalued

Financial Position Analysis

Short Term Liabilities: GFM's short term assets ($55.4M) exceed its short term liabilities ($34.6M).

Long Term Liabilities: GFM's short term assets ($55.4M) exceed its long term liabilities ($13.5M).


Debt to Equity History and Analysis

Debt Level: GFM is debt free.

Reducing Debt: GFM had no debt 5 years ago.

Debt Coverage: GFM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GFM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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