McEwen Mining Balance Sheet Health
Financial Health criteria checks 3/6
McEwen Mining has a total shareholder equity of $502.4M and total debt of $40.0M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are $657.2M and $154.8M respectively.
Key information
8.0%
Debt to equity ratio
US$40.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.76m |
| Equity | US$502.42m |
| Total liabilities | US$154.82m |
| Total assets | US$657.24m |
Recent financial health updates
Recent updates
McEwen Mining: Gold Breakout Boosts Margins, But No Longer Cheap
Apr 16Subdued Growth No Barrier To McEwen Mining Inc. (NYSE:MUX) With Shares Advancing 27%
Mar 14
McEwen Mining: Suitable For Gold Rally At Lower Share Price
Mar 11McEwen Mining: Tracking To Low End Of 2023 Guidance
Dec 20McEwen Mining: It Is All About The Los Azules Project
Oct 12McEwen Mining: Further Margin Compression In Q2
Aug 18McEwen Mining: Limited Margin Of Safety At Current Levels
Aug 01McEwen Mining: The Stock Is Now Expensive
Jul 24McEwen Mining: An Inferior Way To Buy The Dip
May 23McEwen Mining: Share Dilution And High Costs, But Rising Gold Prices Could Raise Margins
Feb 15McEwen Mining: Don't Chase The Stock Here
Jan 05McEwen Mining Q3 Earnings Preview
Nov 07McEwen Mining Has Upside Potential
Oct 21McEwen Mining Q2 Earnings Preview
Aug 10McEwen Mining: Cheap For A Reason
Aug 02McEwen Mining: 1 For 10 Reverse Split Was The Last Blow
Jul 25McEwen Mining announces 1-for-10 reverse split, effective July 26
Jul 12McEwen Mining: An Inferior Way To Buy The Dip
May 20McEwen Mining: The Fox Complex Keeps On Giving
Mar 31McEwen Mining: Limited Downside At Current Metals Prices
Mar 07McEwen Mining: A Whiff On The Fox PEA
Feb 08McEwen Mining: A Year Of Improvement With Guidance Met
Feb 01McEwen Mining: The Balance Sheet Is Mediocre, But Gold Production Is Increasing
Dec 30McEwen Mining: Progressing Slowly
Oct 11Is McEwen Mining (NYSE:MUX) A Risky Investment?
Sep 21McEwen Mining: Costs Improve In Q2, But Still At Industry-Lagging Levels
Aug 23Financial Position Analysis
Short Term Liabilities: MUX's short term assets ($52.7M) exceed its short term liabilities ($30.0M).
Long Term Liabilities: MUX's short term assets ($52.7M) do not cover its long term liabilities ($124.8M).
Debt to Equity History and Analysis
Debt Level: MUX's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: MUX's debt to equity ratio has reduced from 10.1% to 8% over the past 5 years.
Debt Coverage: MUX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MUX's interest payments on its debt are well covered by EBIT.