Aura Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Aura Minerals has a total shareholder equity of $304.3M and total debt of $327.0M, which brings its debt-to-equity ratio to 107.5%. Its total assets and total liabilities are $919.3M and $615.0M respectively. Aura Minerals's EBIT is $93.3M making its interest coverage ratio 5.3. It has cash and short-term investments of $214.1M.
Key information
107.5%
Debt to equity ratio
US$327.04m
Debt
Interest coverage ratio | 5.3x |
Cash | US$214.07m |
Equity | US$304.34m |
Total liabilities | US$615.00m |
Total assets | US$919.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORAA.F's short term assets ($359.5M) exceed its short term liabilities ($184.4M).
Long Term Liabilities: ORAA.F's short term assets ($359.5M) do not cover its long term liabilities ($430.6M).
Debt to Equity History and Analysis
Debt Level: ORAA.F's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: ORAA.F's debt to equity ratio has increased from 22% to 107.5% over the past 5 years.
Debt Coverage: ORAA.F's debt is well covered by operating cash flow (38.5%).
Interest Coverage: ORAA.F's interest payments on its debt are well covered by EBIT (5.3x coverage).