Orla Mining Balance Sheet Health

Financial Health criteria checks 5/6

Orla Mining has a total shareholder equity of $480.7M and total debt of $58.4M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are $618.7M and $138.0M respectively. Orla Mining's EBIT is $68.0M making its interest coverage ratio -25.9. It has cash and short-term investments of $180.9M.

Key information

12.1%

Debt to equity ratio

US$58.35m

Debt

Interest coverage ratio-25.9x
CashUS$180.90m
EquityUS$480.73m
Total liabilitiesUS$137.96m
Total assetsUS$618.70m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ORLA's short term assets ($223.5M) exceed its short term liabilities ($49.3M).

Long Term Liabilities: ORLA's short term assets ($223.5M) exceed its long term liabilities ($88.7M).


Debt to Equity History and Analysis

Debt Level: ORLA has more cash than its total debt.

Reducing Debt: ORLA's debt to equity ratio has increased from 7.5% to 12.1% over the past 5 years.

Debt Coverage: ORLA's debt is well covered by operating cash flow (260%).

Interest Coverage: ORLA earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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