Triple Flag Precious Metals Balance Sheet Health
Financial Health criteria checks 5/6
Triple Flag Precious Metals has a total shareholder equity of $1.7B and total debt of $20.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are $1.7B and $40.0M respectively.
Key information
1.2%
Debt to equity ratio
US$20.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.03m |
| Equity | US$1.70b |
| Total liabilities | US$39.97m |
| Total assets | US$1.74b |
Recent financial health updates
Recent updates
Triple Flag: One Of The Best Silver Exposures In The Royalty And Streaming Business
Sep 23Triple Flag Precious Metals: A Golden Start To 2024
May 15Triple Flag: Too Cheap To Ignore
Feb 28Triple Flag: Another Record Year (Rating Upgrade)
Feb 01Triple Flag: Strong Uptrend With Bullish Gold Ahead
Nov 30Triple Flag: The Best Mid-Size Royalty Company Reasonably Priced
Aug 30Triple Flag: Another Record Quarter
Aug 14Triple Flag: A Solid Q1 Despite Slow Start From Core-4 Assets
May 26Triple Flag Precious Metals reports Q4 earnings; initiates FY23 outlook
Feb 22Triple Flag: A Strong Finish To The Year
Feb 12Triple Flag reports Q4 revenue of $43.9M
Jan 11Triple Flag Precious Metals: A Smart Move To Upgrade Its Pipeline
Jan 03Triple Flag executes agreements for buying Prieska mine GRR and stream
Dec 13Triple Flag Precious Metals Non-GAAP EPS of $0.09 beats by $0.01, revenue of $33.8M misses by $4.24M
Nov 08Financial Position Analysis
Short Term Liabilities: TFPM's short term assets ($58.4M) exceed its short term liabilities ($10.1M).
Long Term Liabilities: TFPM's short term assets ($58.4M) exceed its long term liabilities ($29.9M).
Debt to Equity History and Analysis
Debt Level: TFPM has more cash than its total debt.
Reducing Debt: TFPM's debt to equity ratio has reduced from 31.5% to 1.2% over the past 5 years.
Debt Coverage: TFPM's debt is well covered by operating cash flow (813.1%).
Interest Coverage: Insufficient data to determine if TFPM's interest payments on its debt are well covered by EBIT.