Hudbay Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Hudbay Minerals has a total shareholder equity of $2.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are $5.5B and $2.9B respectively. Hudbay Minerals's EBIT is $398.8M making its interest coverage ratio 5.9. It has cash and short-term investments of $483.3M.
Key information
44.2%
Debt to equity ratio
US$1.17b
Debt
| Interest coverage ratio | 5.9x |
| Cash | US$483.27m |
| Equity | US$2.64b |
| Total liabilities | US$2.87b |
| Total assets | US$5.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AHJ's short term assets ($940.0M) exceed its short term liabilities ($505.7M).
Long Term Liabilities: 0AHJ's short term assets ($940.0M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: 0AHJ's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: 0AHJ's debt to equity ratio has reduced from 52.6% to 44.2% over the past 5 years.
Debt Coverage: 0AHJ's debt is well covered by operating cash flow (56%).
Interest Coverage: 0AHJ's interest payments on its debt are well covered by EBIT (5.9x coverage).