Minsur Balance Sheet Health
Financial Health criteria checks 4/6
Minsur has a total shareholder equity of $2.4B and total debt of $1.3B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are $4.8B and $2.4B respectively. Minsur's EBIT is $903.0M making its interest coverage ratio 14.7. It has cash and short-term investments of $354.5M.
Key information
52.2%
Debt to equity ratio
US$1.28b
Debt
Interest coverage ratio | 14.7x |
Cash | US$354.51m |
Equity | US$2.45b |
Total liabilities | US$2.37b |
Total assets | US$4.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MINSURI1's short term assets ($927.5M) exceed its short term liabilities ($701.3M).
Long Term Liabilities: MINSURI1's short term assets ($927.5M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: MINSURI1's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: MINSURI1's debt to equity ratio has increased from 42.2% to 52.2% over the past 5 years.
Debt Coverage: MINSURI1's debt is well covered by operating cash flow (72.2%).
Interest Coverage: MINSURI1's interest payments on its debt are well covered by EBIT (14.7x coverage).