Regis Resources Balance Sheet Health
Financial Health criteria checks 3/6
Regis Resources has a total shareholder equity of A$1.4B and total debt of A$296.7M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are A$2.3B and A$812.2M respectively. Regis Resources's EBIT is A$12.2M making its interest coverage ratio 0.6. It has cash and short-term investments of A$55.6M.
Key information
20.5%
Debt to equity ratio
AU$296.74m
Debt
Interest coverage ratio | 0.6x |
Cash | AU$55.60m |
Equity | AU$1.45b |
Total liabilities | AU$812.16m |
Total assets | AU$2.26b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RGRS.Y's short term assets (A$305.6M) exceed its short term liabilities (A$145.9M).
Long Term Liabilities: RGRS.Y's short term assets (A$305.6M) do not cover its long term liabilities (A$666.2M).
Debt to Equity History and Analysis
Debt Level: RGRS.Y's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: RGRS.Y's debt to equity ratio has increased from 0% to 20.5% over the past 5 years.
Debt Coverage: RGRS.Y's debt is well covered by operating cash flow (145.8%).
Interest Coverage: RGRS.Y's interest payments on its debt are not well covered by EBIT (0.6x coverage).