Sisecam Resources Balance Sheet Health

Financial Health criteria checks 6/6

Sisecam Resources has a total shareholder equity of $395.4M and total debt of $124.8M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are $617.5M and $222.1M respectively. Sisecam Resources's EBIT is $142.8M making its interest coverage ratio 23.4. It has cash and short-term investments of $18.7M.

Key information

31.6%

Debt to equity ratio

US$124.80m

Debt

Interest coverage ratio23.4x
CashUS$18.70m
EquityUS$395.40m
Total liabilitiesUS$222.10m
Total assetsUS$617.50m

Recent financial health updates

Recent updates

Sisecam Resources goes ex-dividend tomorrow

Feb 09

Sisecam Resources GAAP EPS of $0.83, revenue of $177.1M

Feb 01

Sisecam Resources: Has Blowout Quarter - Focusing On Reducing Risk

Dec 17

Sisecam Resources declares $0.50 dividend

Oct 31

Sisecam Resources LP: Unitholders Should Reject Lowball Offer

Aug 01

Sisecam Chemicals Resources offers to acquire units of Sisecam Resources LP

Jul 06

Sisecam Resources: Starting 2022 With Record Distributions, But Unlikely To Last

Apr 12

Ciner Resources: Distributions Roar Back With A 8% Yield But Risks Remain

Dec 07

Ciner Resources: Market Conditions Are Improving, But The Wait Is Far From Over

Sep 29

Ciner Resources: Dark Clouds Could Already Derail Their Fragile Recovery

Aug 08

Ciner Resources: Cash Burn But Record Volumes Hopefully Foretell An Impending Recovery

May 06

Ciner Resources reports Q1 results

May 04

Ciner Resources: Good Industrial Indicator

Jan 29

Ciner Resources: Sorry But That Former High Yield Isn't Coming Back

Jan 10

Ciner Resources reports Q3 results

Nov 02

Financial Position Analysis

Short Term Liabilities: SIRE's short term assets ($293.0M) exceed its short term liabilities ($89.8M).

Long Term Liabilities: SIRE's short term assets ($293.0M) exceed its long term liabilities ($132.3M).


Debt to Equity History and Analysis

Debt Level: SIRE's net debt to equity ratio (26.8%) is considered satisfactory.

Reducing Debt: SIRE's debt to equity ratio has reduced from 54.2% to 31.6% over the past 5 years.

Debt Coverage: SIRE's debt is well covered by operating cash flow (120.3%).

Interest Coverage: SIRE's interest payments on its debt are well covered by EBIT (23.4x coverage).


Balance Sheet


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