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 13These 4 Measures Indicate That Southern Copper (NYSE:SCCO) Is Using Debt Reasonably Well
Oct 15These 4 Measures Indicate That Southern Copper (NYSE:SCCO) Is Using Debt Reasonably Well
Jul 11Here's Why Southern Copper (NYSE:SCCO) Can Manage Its Debt Responsibly
Mar 28Recent updates
Southern 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 12Pinning Down Southern Copper Corporation's (NYSE:SCCO) P/E Is Difficult Right Now
Dec 29Southern Copper (NYSE:SCCO) Is Achieving High Returns On Its Capital
Dec 14Southern Copper: Valued For Copper At $4.5 Per Pound Across A Decade
Dec 04Does Southern Copper (NYSE:SCCO) Deserve A Spot On Your Watchlist?
Nov 26Southern Copper: Global Leader Poised To Exploit Clean Energy Boom
Nov 22Southern Copper (NYSE:SCCO) Has Announced That It Will Be Increasing Its Dividend To $1.00
Oct 26These 4 Measures Indicate That Southern Copper (NYSE:SCCO) Is Using Debt Reasonably Well
Oct 15Southern Copper: A Good Copper Bet With A High Dividend
Oct 01Southern Copper (NYSE:SCCO) Is Reinvesting To Multiply In Value
Sep 06Does This Valuation Of Southern Copper Corporation (NYSE:SCCO) Imply Investors Are Overpaying?
Aug 16Southern Copper: Added To Watchlist
Aug 03Southern Copper (NYSE:SCCO) Will Pay A Larger Dividend Than Last Year At $1.00
Jul 29These 4 Measures Indicate That Southern Copper (NYSE:SCCO) Is Using Debt Reasonably Well
Jul 11Shareholders Would Enjoy A Repeat Of Southern Copper's (NYSE:SCCO) Recent Growth In Returns
Jun 05Southern Copper: The Copper Price Uncertainty Affects The Share Price
May 29Consider Zijin Mining Instead Of Southern Copper
May 23Here's Why Southern Copper (NYSE:SCCO) Can Manage Its Debt Responsibly
Mar 28Are Southern Copper Corporation (NYSE:SCCO) Investors Paying Above The Intrinsic Value?
Mar 10Returns On Capital Are A Standout For Southern Copper (NYSE:SCCO)
Feb 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 23Is Southern Copper (NYSE:SCCO) Using Too Much Debt?
Dec 07Are Investors Undervaluing Southern Copper Corporation (NYSE:SCCO) By 27%?
Nov 22Southern Copper goes ex-dividend tomorrow
Nov 07Southern Copper's (NYSE:SCCO) Dividend Will Be Reduced To $0.50
Nov 07I'm A Copper Bull, Here's Why Southern Copper Could Double
Oct 24Southern Copper (NYSE:SCCO) Is Reducing Its Dividend To $0.50
Oct 24Southern Copper: Copper Price Slide Dims Near-Term Prospects
Oct 18Southern Copper (NYSE:SCCO) Is Achieving High Returns On Its Capital
Oct 12Southern Copper: A Weak Copper Outlook Is Not Helping
Sep 12Is Southern Copper Corporation (NYSE:SCCO) Trading At A 39% Discount?
Aug 19Southern 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).