Fresnillo Balance Sheet Health
Financial Health criteria checks 6/6
Fresnillo has a total shareholder equity of $4.1B and total debt of $934.4M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are $5.7B and $1.7B respectively. Fresnillo's EBIT is $158.9M making its interest coverage ratio 13.4. It has cash and short-term investments of $534.6M.
Key information
23.0%
Debt to equity ratio
US$934.36m
Debt
| Interest coverage ratio | 13.4x |
| Cash | US$534.58m |
| Equity | US$4.07b |
| Total liabilities | US$1.67b |
| Total assets | US$5.74b |
Recent financial health updates
Does Fresnillo (LON:FRES) Have A Healthy Balance Sheet?
Oct 19
Here's Why Fresnillo (LON:FRES) Can Manage Its Debt Responsibly
Mar 27We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Nov 22Is Fresnillo (LON:FRES) Using Too Much Debt?
Aug 19We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Mar 29Fresnillo (LON:FRES) Has A Pretty Healthy Balance Sheet
Dec 02Recent updates
Fresnillo's (LON:FRES) Anemic Earnings Might Be Worse Than You Think
Apr 26Subdued Growth No Barrier To Fresnillo plc (LON:FRES) With Shares Advancing 30%
Apr 18Fresnillo's (LON:FRES) Returns On Capital Not Reflecting Well On The Business
Mar 28Fresnillo (LON:FRES) Could Be At Risk Of Shrinking As A Company
Dec 19Fresnillo plc's (LON:FRES) Intrinsic Value Is Potentially 23% Below Its Share Price
Nov 29Does Fresnillo (LON:FRES) Have A Healthy Balance Sheet?
Oct 19These Return Metrics Don't Make Fresnillo (LON:FRES) Look Too Strong
Sep 06A Look At The Intrinsic Value Of Fresnillo plc (LON:FRES)
Aug 16Here's Why Fresnillo (LON:FRES) Can Manage Its Debt Responsibly
Mar 27These Return Metrics Don't Make Fresnillo (LON:FRES) Look Too Strong
Mar 04We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Nov 22Fresnillo (LON:FRES) Could Be At Risk Of Shrinking As A Company
Nov 01Calculating The Fair Value Of Fresnillo plc (LON:FRES)
Sep 24Is Fresnillo (LON:FRES) Using Too Much Debt?
Aug 19Fresnillo (LON:FRES) Ticks All The Boxes When It Comes To Earnings Growth
Jul 29Is Fresnillo plc (LON:FRES) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 12There Are Reasons To Feel Uneasy About Fresnillo's (LON:FRES) Returns On Capital
May 04Is Now The Time To Put Fresnillo (LON:FRES) On Your Watchlist?
Apr 16We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Mar 29Is Fresnillo plc (LON:FRES) Trading At A 34% Discount?
Jan 29Here's Why I Think Fresnillo (LON:FRES) Is An Interesting Stock
Dec 18Fresnillo (LON:FRES) Has A Pretty Healthy Balance Sheet
Dec 02Fresnillo's (LON:FRES) Returns On Capital Are Heading Higher
Nov 03Estimating The Fair Value Of Fresnillo plc (LON:FRES)
Oct 16We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Aug 26Fresnillo (LON:FRES) Is Experiencing Growth In Returns On Capital
Aug 03Are Fresnillo plc (LON:FRES) Investors Paying Above The Intrinsic Value?
Jul 09We Discuss Why Fresnillo plc's (LON:FRES) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Jun 18These 4 Measures Indicate That Fresnillo (LON:FRES) Is Using Debt Reasonably Well
Apr 02Are Fresnillo Plc's (LON:FRES) Mixed Financials Driving The Negative Sentiment?
Mar 15Fresnillo Plc (LON:FRES) Is Yielding 1.1% - But Is It A Buy?
Feb 25Calculating The Intrinsic Value Of Fresnillo Plc (LON:FRES)
Jan 30Our Take On The Returns On Capital At Fresnillo (LON:FRES)
Dec 28The Fresnillo (LON:FRES) Share Price Has Gained 92% And Shareholders Are Hoping For More
Dec 10
Financial Position Analysis
Short Term Liabilities: FRES's short term assets ($1.5B) exceed its short term liabilities ($372.0M).
Long Term Liabilities: FRES's short term assets ($1.5B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: FRES's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: FRES's debt to equity ratio has reduced from 25.6% to 23% over the past 5 years.
Debt Coverage: FRES's debt is well covered by operating cash flow (45.6%).
Interest Coverage: FRES's interest payments on its debt are well covered by EBIT (13.4x coverage).