Fresnillo Balance Sheet Health
Financial Health criteria checks 6/6
Fresnillo has a total shareholder equity of $4.2B and total debt of $890.3M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are $5.8B and $1.6B respectively. Fresnillo's EBIT is $394.3M making its interest coverage ratio 34.7. It has cash and short-term investments of $691.0M.
Key information
21.4%
Debt to equity ratio
US$890.33m
Debt
| Interest coverage ratio | 34.7x |
| Cash | US$690.97m |
| Equity | US$4.17b |
| Total liabilities | US$1.63b |
| Total assets | US$5.80b |
Recent financial health updates
Is Fresnillo (LON:FRES) A Risky Investment?
Dec 02
We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Aug 19Does Fresnillo (LON:FRES) Have A Healthy Balance Sheet?
May 21Recent updates
Is Fresnillo (LON:FRES) A Risky Investment?
Dec 02A Look At The Fair Value Of Fresnillo plc (LON:FRES)
Nov 14Fresnillo's (LON:FRES) Returns On Capital Are Heading Higher
Oct 27Market Participants Recognise Fresnillo plc's (LON:FRES) Earnings Pushing Shares 25% Higher
Oct 05We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Aug 19Fresnillo (LON:FRES) Could Be Struggling To Allocate Capital
Jul 12Does Fresnillo (LON:FRES) Have A Healthy Balance Sheet?
May 21Fresnillo'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 28Financial Position Analysis
Short Term Liabilities: FRES's short term assets ($1.8B) exceed its short term liabilities ($302.8M).
Long Term Liabilities: FRES's short term assets ($1.8B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: FRES's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: FRES's debt to equity ratio has reduced from 25.7% to 21.4% over the past 5 years.
Debt Coverage: FRES's debt is well covered by operating cash flow (69.6%).
Interest Coverage: FRES's interest payments on its debt are well covered by EBIT (34.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:16 |
| End of Day Share Price | 2024/12/19 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Fresnillo plc is covered by 36 analysts. 12 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 |
|---|---|
| David Simon Butler | Barclays |
| Amos Fletcher | Barclays |
| Richard Hatch | Berenberg |