Santacruz Silver Mining Balance Sheet Health
Financial Health criteria checks 6/6
Santacruz Silver Mining has a total shareholder equity of $140.5M and total debt of $20.1M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are $370.8M and $230.3M respectively. Santacruz Silver Mining's EBIT is $6.9M making its interest coverage ratio 3. It has cash and short-term investments of $7.3M.
Key information
14.3%
Debt to equity ratio
US$20.09m
Debt
| Interest coverage ratio | 3x |
| Cash | US$7.31m |
| Equity | US$140.51m |
| Total liabilities | US$230.34m |
| Total assets | US$370.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCZM.F's short term assets ($131.8M) exceed its short term liabilities ($116.8M).
Long Term Liabilities: SCZM.F's short term assets ($131.8M) exceed its long term liabilities ($113.5M).
Debt to Equity History and Analysis
Debt Level: SCZM.F's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: SCZM.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SCZM.F's debt is well covered by operating cash flow (99.6%).
Interest Coverage: SCZM.F's interest payments on its debt are well covered by EBIT (3x coverage).