Antofagasta Balance Sheet Health
Financial Health criteria checks 4/6
Antofagasta has a total shareholder equity of $12.0B and total debt of $3.9B, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are $19.6B and $7.6B respectively. Antofagasta's EBIT is $1.8B making its interest coverage ratio -54.5. It has cash and short-term investments of $3.4B.
Key information
32.0%
Debt to equity ratio
US$3.85b
Debt
| Interest coverage ratio | -54.5x |
| Cash | US$3.38b |
| Equity | US$12.05b |
| Total liabilities | US$7.60b |
| Total assets | US$19.65b |
Recent financial health updates
Antofagasta (LON:ANTO) Seems To Use Debt Quite Sensibly
Apr 07
Is Antofagasta (LON:ANTO) A Risky Investment?
Oct 02These 4 Measures Indicate That Antofagasta (LON:ANTO) Is Using Debt Reasonably Well
Jun 19Here's Why Antofagasta (LON:ANTO) Can Manage Its Debt Responsibly
Mar 18Here's Why Antofagasta (LON:ANTO) Can Manage Its Debt Responsibly
Nov 22We Think Antofagasta (LON:ANTO) Can Manage Its Debt With Ease
Apr 06Recent updates
Earnings Not Telling The Story For Antofagasta plc (LON:ANTO) After Shares Rise 25%
Apr 09Antofagasta (LON:ANTO) Seems To Use Debt Quite Sensibly
Apr 07Antofagasta (LON:ANTO) Has More To Do To Multiply In Value Going Forward
Mar 20Does Antofagasta (LON:ANTO) Deserve A Spot On Your Watchlist?
Dec 23Returns On Capital At Antofagasta (LON:ANTO) Have Hit The Brakes
Dec 08Calculating The Intrinsic Value Of Antofagasta plc (LON:ANTO)
Oct 20Is Antofagasta (LON:ANTO) A Risky Investment?
Oct 02Is Now The Time To Put Antofagasta (LON:ANTO) On Your Watchlist?
Sep 11Antofagasta (LON:ANTO) Will Want To Turn Around Its Return Trends
Jul 31These 4 Measures Indicate That Antofagasta (LON:ANTO) Is Using Debt Reasonably Well
Jun 19Should You Be Adding Antofagasta (LON:ANTO) To Your Watchlist Today?
Jun 01Capital Allocation Trends At Antofagasta (LON:ANTO) Aren't Ideal
Apr 26Here's Why Antofagasta (LON:ANTO) Can Manage Its Debt Responsibly
Mar 18Antofagasta's (LON:ANTO) Solid Earnings May Rest On Weak Foundations
Feb 28If EPS Growth Is Important To You, Antofagasta (LON:ANTO) Presents An Opportunity
Feb 23Returns At Antofagasta (LON:ANTO) Are On The Way Up
Jan 15Here's Why Antofagasta (LON:ANTO) Can Manage Its Debt Responsibly
Nov 22Returns On Capital Are Showing Encouraging Signs At Antofagasta (LON:ANTO)
Oct 11Here's Why I Think Antofagasta (LON:ANTO) Is An Interesting Stock
May 30We Think Antofagasta (LON:ANTO) Might Have The DNA Of A Multi-Bagger
May 12We Think Antofagasta (LON:ANTO) Can Manage Its Debt With Ease
Apr 06Do Antofagasta's (LON:ANTO) Earnings Warrant Your Attention?
Feb 27Returns On Capital Are Showing Encouraging Signs At Antofagasta (LON:ANTO)
Feb 06Here's Why We Think Antofagasta (LON:ANTO) Is Well Worth Watching
Nov 25Antofagasta (LON:ANTO) Shareholders Will Want The ROCE Trajectory To Continue
Nov 07We Think Antofagasta (LON:ANTO) Can Manage Its Debt With Ease
Oct 21Should You Be Adding Antofagasta (LON:ANTO) To Your Watchlist Today?
Aug 23The Return Trends At Antofagasta (LON:ANTO) Look Promising
Jul 31Shareholders Will Most Likely Find Antofagasta plc's (LON:ANTO) CEO Compensation Acceptable
May 06Antofagasta (LON:ANTO) Shareholders Will Want The ROCE Trajectory To Continue
May 02Does Antofagasta (LON:ANTO) Have A Healthy Balance Sheet?
Apr 07Here's What You Should Know About Antofagasta plc's (LON:ANTO) 2.3% Dividend Yield
Mar 23Antofagasta (LON:ANTO) Has Gifted Shareholders With A Fantastic 270% Total Return On Their Investment
Mar 07Here's What To Make Of Antofagasta's (LON:ANTO) Returns On Capital
Jan 31Antofagasta plc's (LON:ANTO) Stock Is Going Strong: Have Financials A Role To Play?
Jan 10
Does Antofagasta (LON:ANTO) Have A Healthy Balance Sheet?
Dec 20What Can We Learn About Antofagasta's (LON:ANTO) CEO Compensation?
Dec 06Financial Position Analysis
Short Term Liabilities: ANTO's short term assets ($5.2B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: ANTO's short term assets ($5.2B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: ANTO's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: ANTO's debt to equity ratio has increased from 24.6% to 32% over the past 5 years.
Debt Coverage: ANTO's debt is well covered by operating cash flow (60.5%).
Interest Coverage: ANTO earns more interest than it pays, so coverage of interest payments is not a concern.