Dizon Copper-Silver Mines Balance Sheet Health
Financial Health criteria checks 3/6
Dizon Copper-Silver Mines has a total shareholder equity of ₱31.0M and total debt of ₱2.0M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₱67.8M and ₱36.8M respectively.
Key information
6.6%
Debt to equity ratio
₱2.04m
Debt
Interest coverage ratio | n/a |
Cash | ₱1.22m |
Equity | ₱30.95m |
Total liabilities | ₱36.82m |
Total assets | ₱67.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIZ's short term assets (₱10.9M) do not cover its short term liabilities (₱30.4M).
Long Term Liabilities: DIZ's short term assets (₱10.9M) exceed its long term liabilities (₱6.4M).
Debt to Equity History and Analysis
Debt Level: DIZ's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: DIZ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DIZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DIZ's interest payments on its debt are well covered by EBIT.