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 $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.2B and $65.3M respectively. Kenmare Resources's EBIT is $106.9M making its interest coverage ratio 25.8. It has cash and short-term investments of $60.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 25.8x |
| Cash | US$60.29m |
| Equity | US$1.13b |
| Total liabilities | US$65.25m |
| Total assets | US$1.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMR's short term assets ($241.5M) exceed its short term liabilities ($42.9M).
Long Term Liabilities: KMR's short term assets ($241.5M) exceed its long term liabilities ($22.4M).
Debt to Equity History and Analysis
Debt Level: KMR is debt free.
Reducing Debt: KMR has no debt compared to 5 years ago when its debt to equity ratio was 8.4%.
Debt Coverage: KMR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KMR has no debt, therefore coverage of interest payments is not a concern.