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Kopy Goldfields Balance Sheet Health
Financial Health criteria checks 1/6
Kopy Goldfields has a total shareholder equity of $75.8M and total debt of $170.4M, which brings its debt-to-equity ratio to 224.7%. Its total assets and total liabilities are $270.5M and $194.7M respectively. Kopy Goldfields's EBIT is $26.2M making its interest coverage ratio 1.3. It has cash and short-term investments of $1.7M.
Key information
224.7%
Debt to equity ratio
US$170.38m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$1.73m |
| Equity | US$75.81m |
| Total liabilities | US$194.72m |
| Total assets | US$270.53m |
Recent financial health updates
Recent updates
Benign Growth For Kopy Goldfields AB (publ) (STO:KOPY) Underpins Stock's 27% Plummet
Jul 25
Investors Shouldn't Be Too Comfortable With Kopy Goldfields' (STO:KOPY) Robust Earnings
Jun 03Investors Holding Back On Kopy Goldfields AB (publ) (STO:KOPY)
May 24Breakeven Is Near for Kopy Goldfields AB (publ) (STO:KOPY)
Mar 26Should You Be Excited About Kopy Goldfields AB (publ)'s (STO:KOPY) 25% Return On Equity?
Dec 11
Financial Position Analysis
Short Term Liabilities: KOPY's short term assets ($108.3M) do not cover its short term liabilities ($190.3M).
Long Term Liabilities: KOPY's short term assets ($108.3M) exceed its long term liabilities ($4.4M).
Debt to Equity History and Analysis
Debt Level: KOPY's net debt to equity ratio (222.5%) is considered high.
Reducing Debt: KOPY's debt to equity ratio has increased from 22.8% to 224.7% over the past 5 years.
Debt Coverage: KOPY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KOPY's interest payments on its debt are not well covered by EBIT (1.3x coverage).