Southern Copper Balance Sheet Health
Financial Health criteria checks 5/6
Southern Copper has a total shareholder equity of $9.0B and total debt of $6.3B, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are $18.4B and $9.4B respectively. Southern Copper's EBIT is $5.1B making its interest coverage ratio 23.9. It has cash and short-term investments of $3.0B.
Key information
69.6%
Debt to equity ratio
US$6.26b
Debt
| Interest coverage ratio | 23.9x |
| Cash | US$2.97b |
| Equity | US$8.99b |
| Total liabilities | US$9.43b |
| Total assets | US$18.42b |
Recent financial health updates
Southern Copper (NYSE:SCCO) Seems To Use Debt Quite Sensibly
Aug 23
Is Southern Copper (NYSE:SCCO) Using Too Much Debt?
Apr 18Southern Copper (NYSE:SCCO) Seems To Use Debt Quite Sensibly
Jan 13Recent updates
Why We Like The Returns At Southern Copper (NYSE:SCCO)
Dec 26Southern Copper Corporation: Weak Short-Term Industry Outlook And Bearish Trend, Hold
Dec 17Southern Copper Corporation's (NYSE:SCCO) Intrinsic Value Is Potentially 21% Below Its Share Price
Nov 20Earnings Not Telling The Story For Southern Copper Corporation (NYSE:SCCO) After Shares Rise 25%
Oct 06Southern Copper Corrects: The Compelling Case For It And Copper
Oct 03Southern Copper: P/E Concerns, Shares Near Key Support After A Strong Q2
Sep 16Returns on Capital Paint A Bright Future For Southern Copper (NYSE:SCCO)
Sep 10Southern Copper (NYSE:SCCO) Seems To Use Debt Quite Sensibly
Aug 23Southern Copper Corporation (NYSE:SCCO) Just Beat Earnings: Here's What Analysts Think Will Happen Next
Jul 23What You Can Learn From Southern Copper Corporation's (NYSE:SCCO) P/E
Jul 19Southern Copper: Miners Are Unlikely To Benefit From Electric Vehicles
Jul 02Southern Copper Corporation (NYSE:SCCO) Shares Could Be 35% Above Their Intrinsic Value Estimate
Jul 01Southern Copper Corporation: Positioned For Growth But Valuation Stretched
Jun 24Southern Copper Corporation Stock Almost Tripled - Now What?
May 31Southern Copper Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 02Is Southern Copper (NYSE:SCCO) Using Too Much Debt?
Apr 18Southern Copper: 2024E Update Calls For A Rating Change (Downgrade)
Mar 30Southern Copper Corporation's (NYSE:SCCO) 30% Price Boost Is Out Of Tune With Earnings
Mar 28Southern Copper (NYSE:SCCO) Is Achieving High Returns On Its Capital
Mar 14Southern Copper (NYSE:SCCO) Has Announced That Its Dividend Will Be Reduced To $0.80
Feb 03Southern Copper (NYSE:SCCO) Seems To Use Debt Quite Sensibly
Jan 13Southern Copper Is An Ideal Copper Miner, And Mr. Market Knows It
Jan 12Southern Copper: Valued For Copper At $4.5 Per Pound Across A Decade
Dec 04Southern Copper: Global Leader Poised To Exploit Clean Energy Boom
Nov 22Southern Copper: A Good Copper Bet With A High Dividend
Oct 01Southern Copper: Added To Watchlist
Aug 03Southern Copper: The Copper Price Uncertainty Affects The Share Price
May 29Consider Zijin Mining Instead Of Southern Copper
May 23Southern Copper doubles quarterly dividend to $1.00, goes ex-dividend tomorrow
Feb 10Southern Copper: Only Getting Started
Feb 01Southern Copper Is Red Hot This Year
Jan 16Southern Copper: Uncertainties About 2023
Dec 23Southern Copper goes ex-dividend tomorrow
Nov 07I'm A Copper Bull, Here's Why Southern Copper Could Double
Oct 24Southern Copper: Copper Price Slide Dims Near-Term Prospects
Oct 18Southern Copper: A Weak Copper Outlook Is Not Helping
Sep 12Southern Copper goes ex dividend tomorrow
Aug 09Financial Position Analysis
Short Term Liabilities: SCCO's short term assets ($5.9B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: SCCO's short term assets ($5.9B) do not cover its long term liabilities ($7.3B).
Debt to Equity History and Analysis
Debt Level: SCCO's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: SCCO's debt to equity ratio has reduced from 101% to 69.6% over the past 5 years.
Debt Coverage: SCCO's debt is well covered by operating cash flow (57.6%).
Interest Coverage: SCCO's interest payments on its debt are well covered by EBIT (23.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 16:29 |
| End of Day Share Price | 2025/01/03 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Southern Copper Corporation is covered by 38 analysts. 16 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Leonardo Correa | Barclays |
| Garrett Nelson | BB&T Capital Markets |