Antofagasta Balance Sheet Health
Financial Health criteria checks 4/6
Antofagasta has a total shareholder equity of $13.0B and total debt of $5.8B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are $22.6B and $9.7B respectively. Antofagasta's EBIT is $1.6B making its interest coverage ratio 12.6. It has cash and short-term investments of $4.3B.
Key information
44.7%
Debt to equity ratio
US$5.79b
Debt
| Interest coverage ratio | 12.6x |
| Cash | US$4.32b |
| Equity | US$12.95b |
| Total liabilities | US$9.68b |
| Total assets | US$22.63b |
Recent financial health updates
Here's Why Antofagasta (LON:ANTO) Can Manage Its Debt Responsibly
Mar 13
Is Antofagasta (LON:ANTO) A Risky Investment?
Sep 22Recent updates
Antofagasta plc (LON:ANTO) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Apr 08
Centinela Second Concentrator Will Increase Future Copper Output Amid Rising Global Demand
Mar 15 Antofagasta is well-positioned for growth due to increased copper demand tied to electrification and AI, aiding revenue from potentially higher copper prices.Here's Why Antofagasta (LON:ANTO) Can Manage Its Debt Responsibly
Mar 13Antofagasta plc's (LON:ANTO) Business Is Yet to Catch Up With Its Share Price
Jan 15There Are Reasons To Feel Uneasy About Antofagasta's (LON:ANTO) Returns On Capital
Dec 19Investors Interested In Antofagasta plc's (LON:ANTO) Earnings
Oct 15Is Antofagasta (LON:ANTO) A Risky Investment?
Sep 22Antofagasta (LON:ANTO) Has More To Do To Multiply In Value Going Forward
Jul 25Antofagasta plc (LON:ANTO) Shares Could Be 48% Below Their Intrinsic Value Estimate
Apr 27Financial Position Analysis
Short Term Liabilities: ANTO's short term assets ($6.2B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: ANTO's short term assets ($6.2B) do not cover its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: ANTO's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: ANTO's debt to equity ratio has increased from 26.7% to 44.7% over the past 5 years.
Debt Coverage: ANTO's debt is well covered by operating cash flow (39.5%).
Interest Coverage: ANTO's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/16 17:56 |
| End of Day Share Price | 2025/04/16 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Antofagasta plc is covered by 45 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Ward | Barclays |
| Izak Rossouw | Barclays |
| Izak Rossouw | Barclays |