Fortuna Silver Mines Balance Sheet Health
Financial Health criteria checks 4/6
Fortuna Silver Mines has a total shareholder equity of $1.3B and total debt of $206.8M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $2.0B and $679.7M respectively. Fortuna Silver Mines's EBIT is $42.6M making its interest coverage ratio 7. It has cash and short-term investments of $128.1M.
Key information
16.1%
Debt to equity ratio
US$206.85m
Debt
| Interest coverage ratio | 7x |
| Cash | US$128.15m |
| Equity | US$1.29b |
| Total liabilities | US$679.74m |
| Total assets | US$1.97b |
Recent financial health updates
No updates
Recent updates
Fortuna Silver Mines' Future Looks Bright
Apr 11Fortuna Silver Mines: A Phenomenal First Year For Seguela
Mar 19Fortuna Silver Mines: Underwhelming 2024 Guidance
Jan 28Fortuna Silver: Significant Margin Expansion In Q3
Dec 08Fortuna Silver Mines Q3 Earnings: A Solid Mid-Tier Gold And Silver Producer
Nov 09Fortuna Silver Mines: A Massive First Quarter From Seguela
Oct 06Fortuna Silver: Another Quarter Of Margin Compression
Aug 16Fortuna Silver: Seguela Mine Begins Contributing On Schedule
Jul 13Fortuna Silver: More Share Dilution, But A Decent Deal For Diamba Sud
Jun 07Fortuna Silver Mines: A Disappointing 2023 Outlook
Feb 05Fortuna Silver Mines: Solid Gold Production In 2022
Jan 23Fortuna Silver Mines amends revolving credit facility
Dec 15Fortuna Silver Mines Non-GAAP EPS of $0.01 misses by $0.01, revenue of $166.6M beats by $8.13M
Nov 10Fortuna Silver Mines: Solid Production For Q3
Oct 07Fortuna Silver Mines: Silver Selloff Is A Drag
Aug 31Fortuna Silver Mines' West Africa COO Paul Criddle resigns
Aug 17Fortuna Silver Mines GAAP EPS of $0.01 misses by $0.05, revenue of $167.9M beats by $0.97M
Aug 11Fortuna Silver Mines: Nearing The Capitulation Phase
Jul 25Fortuna Silver Mines: Second Quarter Production On Target
Jul 12Fortuna Silver: Primed For A Major Comeback
Jun 18Fortuna Silver Mines: Softer Silver Price Will Weigh On Q2 Margins
May 23Fortuna Silver Mines: A Decent Start To FY2022
Apr 27Fortuna Silver: Production Growth Overshadowed By Cost Creep
Apr 06Fortuna Silver Mines: Another Disappointing Reserve Update
Mar 21Fortuna Silver Mines: Lindero Mine Delivered An Impressive Gold Production
Jan 25Fortuna Silver Mines: The San Jose Mine Uncertainty Hurts
Dec 12Financial Position Analysis
Short Term Liabilities: FSM's short term assets ($333.3M) exceed its short term liabilities ($243.8M).
Long Term Liabilities: FSM's short term assets ($333.3M) do not cover its long term liabilities ($436.0M).
Debt to Equity History and Analysis
Debt Level: FSM's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: FSM's debt to equity ratio has increased from 11.5% to 16.1% over the past 5 years.
Debt Coverage: FSM's debt is well covered by operating cash flow (143.5%).
Interest Coverage: FSM's interest payments on its debt are well covered by EBIT (7x coverage).