Endeavour Mining Balance Sheet Health
Financial Health criteria checks 4/6
Endeavour Mining has a total shareholder equity of $3.2B and total debt of $1.2B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are $5.8B and $2.6B respectively. Endeavour Mining's EBIT is $308.5M making its interest coverage ratio 4. It has cash and short-term investments of $314.0M.
Key information
36.5%
Debt to equity ratio
US$1.17b
Debt
| Interest coverage ratio | 4x |
| Cash | US$314.00m |
| Equity | US$3.20b |
| Total liabilities | US$2.57b |
| Total assets | US$5.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDV's short term assets ($898.5M) do not cover its short term liabilities ($958.1M).
Long Term Liabilities: EDV's short term assets ($898.5M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: EDV's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: EDV's debt to equity ratio has reduced from 69.2% to 36.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable EDV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EDV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.3% per year.