Sociedad Minera Cerro VerdeA Balance Sheet Health
Financial Health criteria checks 6/6
Sociedad Minera Cerro VerdeA has a total shareholder equity of $6.7B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.9B and $1.3B respectively. Sociedad Minera Cerro VerdeA's EBIT is $1.3B making its interest coverage ratio 16.9. It has cash and short-term investments of $509.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 16.9x |
Cash | US$509.62m |
Equity | US$6.68b |
Total liabilities | US$1.25b |
Total assets | US$7.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVERDEC1's short term assets ($1.8B) exceed its short term liabilities ($461.0M).
Long Term Liabilities: CVERDEC1's short term assets ($1.8B) exceed its long term liabilities ($789.5M).
Debt to Equity History and Analysis
Debt Level: CVERDEC1 is debt free.
Reducing Debt: CVERDEC1 has no debt compared to 5 years ago when its debt to equity ratio was 20%.
Debt Coverage: CVERDEC1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CVERDEC1 has no debt, therefore coverage of interest payments is not a concern.