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 |
Cash | US$180.90m |
Equity | US$480.73m |
Total liabilities | US$137.96m |
Total assets | US$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.