SSR Mining Balance Sheet Health
Financial Health criteria checks 6/6
SSR Mining has a total shareholder equity of $4.3B and total debt of $228.4M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are $5.4B and $1.1B respectively. SSR Mining's EBIT is $281.9M making its interest coverage ratio -47. It has cash and short-term investments of $513.3M.
Key information
5.3%
Debt to equity ratio
US$228.44m
Debt
| Interest coverage ratio | -47x |
| Cash | US$513.34m |
| Equity | US$4.30b |
| Total liabilities | US$1.08b |
| Total assets | US$5.39b |
Recent financial health updates
No updates
Recent updates
SSR Mining: A Dirt-Cheap Valuation For This Mid-Tier Producer
Feb 09SSR Mining: Recovery Is Possible, But Not Soon
Jan 20SSR Mining: Approaching A Low-Risk Buy Zone
Oct 13SSR Mining: Weak Gold Equivalent Production This Quarter
Aug 05SSR Mining: Steady Outperformer
Jul 29SSR Mining: A Solid Buy-The-Dip Candidate
May 10SSR Mining Digs Out Massive Free Cash
May 03SSR Mining: Outstanding Execution, But Tough Comps Ahead
Mar 28SSR Mining: A Massive Beat & Dividend Raise
Feb 22SSR Mining: A Solid Buy-The-Dip Candidate
Jan 06SSR Mining Inc.: A Well-Run Company
Dec 03SSR Mining Stock: Another Solid Quarter In Q3
Nov 03SSR Mining: Strong Free Cash Flow Generation In Q2
Aug 25SSR Mining: A Solid Financial Profile At An Attractive Price Per Share
Jun 27Financial Position Analysis
Short Term Liabilities: SSRM's short term assets ($1.2B) exceed its short term liabilities ($170.6M).
Long Term Liabilities: SSRM's short term assets ($1.2B) exceed its long term liabilities ($911.0M).
Debt to Equity History and Analysis
Debt Level: SSRM has more cash than its total debt.
Reducing Debt: SSRM's debt to equity ratio has reduced from 24.6% to 5.3% over the past 5 years.
Debt Coverage: SSRM's debt is well covered by operating cash flow (184.6%).
Interest Coverage: SSRM earns more interest than it pays, so coverage of interest payments is not a concern.