Hudbay Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Hudbay Minerals has a total shareholder equity of $2.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are $5.4B and $2.9B respectively. Hudbay Minerals's EBIT is $408.6M making its interest coverage ratio 5.6. It has cash and short-term investments of $523.8M.
Key information
46.0%
Debt to equity ratio
US$1.19b
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$523.77m |
| Equity | US$2.58b |
| Total liabilities | US$2.86b |
| Total assets | US$5.44b |
Recent financial health updates
No updates
Recent updates
Hudbay Minerals: Quality Business But Lacking Some Incentives For A Buy
Jan 10Profit From Cyclic Copper With Hudbay Minerals
Jan 04Hudbay Minerals: Successive Acquisitions De-Risk Mining Portfolio; Expect Moderate Growth
Sep 30Hudbay Minerals: Copper Mountain Merger Injects Timely Cash Flow
Jul 20Hudbay Minerals Q4 2022 Earnings Preview
Feb 22Hudbay Minerals: A Leveraged Copper Play
Dec 20Hudbay Minerals Non-GAAP EPS of -$0.05 beats by $0.04, revenue of $346.17M beats by $60.04M
Nov 03Hudbay Minerals names new finance chief
Oct 13Why Hudbay Minerals Could Still Go Down
Oct 02Hudbay Minerals goes ex-dividend tomorrow
Aug 31Financial Position Analysis
Short Term Liabilities: HBM's short term assets ($913.9M) exceed its short term liabilities ($490.1M).
Long Term Liabilities: HBM's short term assets ($913.9M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: HBM's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: HBM's debt to equity ratio has increased from 45.9% to 46% over the past 5 years.
Debt Coverage: HBM's debt is well covered by operating cash flow (55.5%).
Interest Coverage: HBM's interest payments on its debt are well covered by EBIT (5.6x coverage).