Ero Copper Balance Sheet Health
Financial Health criteria checks 3/6
Ero Copper has a total shareholder equity of $716.8M and total debt of $538.9M, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are $1.5B and $795.8M respectively. Ero Copper's EBIT is $90.3M making its interest coverage ratio -25.4. It has cash and short-term investments of $20.2M.
Key information
75.2%
Debt to equity ratio
US$538.91m
Debt
| Interest coverage ratio | -25.4x |
| Cash | US$20.23m |
| Equity | US$716.77m |
| Total liabilities | US$795.75m |
| Total assets | US$1.51b |
Recent financial health updates
No updates
Recent updates
Ero Copper: Attractive Price With Amazing Prospects For Copper And Gold
Nov 16Ero Copper: Wait For Better Entries In This Growing Player (Rating Downgrade)
Feb 03Ero Copper: The Returns Could Be Staggering If Gold Soars (Rating Upgrade)
Nov 11Ero Copper: Red Hot But Expensive [Rating Downgrade]
Aug 13Ero Copper: Strong Prospects But Shares May Become Cheaper
Jun 07Ero Copper: Battery Mineral Upside But Lula Risk Prevails
Feb 21Ero Copper ups existing credit facility limit to $150M
Dec 16Ero Copper: Exposure To Copper Production, But High Overhead Costs Are A Deterrent
Dec 06Ero Copper GAAP EPS of $0.04, revenue of $85.9M
Nov 01Ero Copper: Downward Momentum Dampens Excitement Over Growth
Sep 27Ero Copper GAAP EPS of $0.27, revenue of $114.9M misses by $5.64M
Aug 02Ero Copper: I Prefer The 8.85% Bonds Over The Equity
Jun 08Financial Position Analysis
Short Term Liabilities: ERO's short term assets ($126.8M) do not cover its short term liabilities ($187.7M).
Long Term Liabilities: ERO's short term assets ($126.8M) do not cover its long term liabilities ($608.0M).
Debt to Equity History and Analysis
Debt Level: ERO's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: ERO's debt to equity ratio has reduced from 107.9% to 75.2% over the past 5 years.
Debt Coverage: ERO's debt is well covered by operating cash flow (24.9%).
Interest Coverage: ERO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/03 06:09 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ero Copper Corp. is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Murphy | Barclays |
| David Gagliano | BMO Capital Markets Equity Research |
| Guilherme Rosito | BofA Global Research |