Sociedad Minera Corona Balance Sheet Health
Financial Health criteria checks 5/6
Sociedad Minera Corona has a total shareholder equity of $168.9M and total debt of $25.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are $269.4M and $100.6M respectively. Sociedad Minera Corona's EBIT is $851.0K making its interest coverage ratio -1.4. It has cash and short-term investments of $8.2M.
Key information
14.8%
Debt to equity ratio
US$25.00m
Debt
Interest coverage ratio | -1.4x |
Cash | US$8.18m |
Equity | US$168.89m |
Total liabilities | US$100.56m |
Total assets | US$269.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MINCORI1's short term assets ($89.2M) exceed its short term liabilities ($50.4M).
Long Term Liabilities: MINCORI1's short term assets ($89.2M) exceed its long term liabilities ($50.1M).
Debt to Equity History and Analysis
Debt Level: MINCORI1's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: MINCORI1's debt to equity ratio has increased from 4.2% to 14.8% over the past 5 years.
Debt Coverage: MINCORI1's debt is well covered by operating cash flow (104.5%).
Interest Coverage: MINCORI1 earns more interest than it pays, so coverage of interest payments is not a concern.