Serabi Gold Balance Sheet Health
Financial Health criteria checks 6/6
Serabi Gold has a total shareholder equity of $88.0M and total debt of $5.4M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are $108.2M and $20.2M respectively. Serabi Gold's EBIT is $3.1M making its interest coverage ratio 4.1. It has cash and short-term investments of $15.4M.
Key information
6.2%
Debt to equity ratio
US$5.42m
Debt
Interest coverage ratio | 4.1x |
Cash | US$15.35m |
Equity | US$88.03m |
Total liabilities | US$20.18m |
Total assets | US$108.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRBI.F's short term assets ($28.7M) exceed its short term liabilities ($14.6M).
Long Term Liabilities: SRBI.F's short term assets ($28.7M) exceed its long term liabilities ($5.6M).
Debt to Equity History and Analysis
Debt Level: SRBI.F has more cash than its total debt.
Reducing Debt: SRBI.F's debt to equity ratio has reduced from 9.1% to 6.2% over the past 5 years.
Debt Coverage: SRBI.F's debt is well covered by operating cash flow (226.5%).
Interest Coverage: SRBI.F's interest payments on its debt are well covered by EBIT (4.1x coverage).