Genesis Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Genesis Minerals has a total shareholder equity of A$991.4M and total debt of A$32.4M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are A$1.2B and A$217.6M respectively. Genesis Minerals's EBIT is A$36.9M making its interest coverage ratio -10.8. It has cash and short-term investments of A$171.3M.
Key information
3.3%
Debt to equity ratio
AU$32.41m
Debt
| Interest coverage ratio | -10.8x |
| Cash | AU$171.29m |
| Equity | AU$991.38m |
| Total liabilities | AU$217.65m |
| Total assets | AU$1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSIS.F's short term assets (A$224.8M) exceed its short term liabilities (A$105.1M).
Long Term Liabilities: GSIS.F's short term assets (A$224.8M) exceed its long term liabilities (A$112.5M).
Debt to Equity History and Analysis
Debt Level: GSIS.F has more cash than its total debt.
Reducing Debt: GSIS.F's debt to equity ratio has increased from 0% to 3.3% over the past 5 years.
Debt Coverage: GSIS.F's debt is well covered by operating cash flow (420.4%).
Interest Coverage: GSIS.F earns more interest than it pays, so coverage of interest payments is not a concern.