Fresnillo Balance Sheet Health
Financial Health criteria checks 6/6
Fresnillo has a total shareholder equity of $4.2B and total debt of $890.3M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are $5.8B and $1.6B respectively. Fresnillo's EBIT is $394.3M making its interest coverage ratio 34.7. It has cash and short-term investments of $691.0M.
Key information
21.4%
Debt to equity ratio
US$890.33m
Debt
| Interest coverage ratio | 34.7x |
| Cash | US$690.97m |
| Equity | US$4.17b |
| Total liabilities | US$1.63b |
| Total assets | US$5.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNLP.F's short term assets ($1.8B) exceed its short term liabilities ($302.8M).
Long Term Liabilities: FNLP.F's short term assets ($1.8B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: FNLP.F's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: FNLP.F's debt to equity ratio has reduced from 25.7% to 21.4% over the past 5 years.
Debt Coverage: FNLP.F's debt is well covered by operating cash flow (69.6%).
Interest Coverage: FNLP.F's interest payments on its debt are well covered by EBIT (34.7x coverage).