Antofagasta Balance Sheet Health
Financial Health criteria checks 4/6
Antofagasta has a total shareholder equity of $12.3B and total debt of $5.6B, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are $21.7B and $9.5B respectively. Antofagasta's EBIT is $1.7B making its interest coverage ratio 35.1. It has cash and short-term investments of $4.4B.
Key information
45.8%
Debt to equity ratio
US$5.63b
Debt
| Interest coverage ratio | 35.1x |
| Cash | US$4.43b |
| Equity | US$12.27b |
| Total liabilities | US$9.47b |
| Total assets | US$21.74b |
Recent financial health updates
Is Antofagasta (LON:ANTO) A Risky Investment?
Sep 22
Antofagasta (LON:ANTO) Seems To Use Debt Quite Sensibly
Apr 07Recent updates
There 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 27Earnings 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 20Financial Position Analysis
Short Term Liabilities: ANTO's short term assets ($6.3B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: ANTO's short term assets ($6.3B) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: ANTO's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: ANTO's debt to equity ratio has increased from 26.1% to 45.8% over the past 5 years.
Debt Coverage: ANTO's debt is well covered by operating cash flow (43.9%).
Interest Coverage: ANTO's interest payments on its debt are well covered by EBIT (35.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:53 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
Antofagasta plc is covered by 48 analysts. 15 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 |
|---|---|
| Pierre-Yves Gauthier | AlphaValue |
| Izak Rossouw | Barclays |
| Peter Ward | Barclays |