Kenmare Resources Balance Sheet Health
Financial Health criteria checks 6/6
Kenmare Resources has a total shareholder equity of $1.1B and total debt of $47.9M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are $1.3B and $117.9M respectively. Kenmare Resources's EBIT is $154.4M making its interest coverage ratio 72.1. It has cash and short-term investments of $71.0M.
Key information
4.2%
Debt to equity ratio
US$47.87m
Debt
| Interest coverage ratio | 72.1x |
| Cash | US$71.05m |
| Equity | US$1.14b |
| Total liabilities | US$117.88m |
| Total assets | US$1.26b |
Recent financial health updates
Recent updates
The Kenmare Resources plc (LON:KMR) Yearly Results Are Out And Analysts Have Published New Forecasts
Mar 24
Is Kenmare Resources plc (LON:KMR) Trading At A 25% Discount?
Jan 21Returns On Capital Are Showing Encouraging Signs At Kenmare Resources (LON:KMR)
Mar 18The Return Trends At Kenmare Resources (LON:KMR) Look Promising
Jun 17Returns At Kenmare Resources (LON:KMR) Are On The Way Up
Aug 21Shareholders Will Probably Not Have Any Issues With Kenmare Resources plc's (LON:KMR) CEO Compensation
May 07Is Kenmare Resources plc (LON:KMR) An Attractive Dividend Stock?
May 04An Intrinsic Calculation For Kenmare Resources plc (LON:KMR) Suggests It's 44% Undervalued
Apr 12Here's Why Kenmare Resources (LON:KMR) Has A Meaningful Debt Burden
Mar 25Did Business Growth Power Kenmare Resources' (LON:KMR) Share Price Gain of 133%?
Mar 01Are Insiders Buying Kenmare Resources plc (LON:KMR) Stock?
Feb 12What We Make Of Kenmare Resources' (LON:KMR) Returns On Capital
Jan 28What Kind Of Shareholders Hold The Majority In Kenmare Resources plc's (LON:KMR) Shares?
Jan 13
Here's How We Evaluate Kenmare Resources plc's (LON:KMR) Dividend
Dec 29Financial Position Analysis
Short Term Liabilities: KMR's short term assets ($324.0M) exceed its short term liabilities ($80.2M).
Long Term Liabilities: KMR's short term assets ($324.0M) exceed its long term liabilities ($37.6M).
Debt to Equity History and Analysis
Debt Level: KMR has more cash than its total debt.
Reducing Debt: KMR's debt to equity ratio has reduced from 9.8% to 4.2% over the past 5 years.
Debt Coverage: KMR's debt is well covered by operating cash flow (320%).
Interest Coverage: KMR's interest payments on its debt are well covered by EBIT (72.1x coverage).