SSR Mining Balance Sheet Health
Financial Health criteria checks 6/6
SSR Mining has a total shareholder equity of $4.1B and total debt of $280.1M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are $5.2B and $1.1B respectively. SSR Mining's EBIT is $110.8M making its interest coverage ratio -44.1. It has cash and short-term investments of $595.5M.
Key information
6.8%
Debt to equity ratio
US$280.14m
Debt
Interest coverage ratio | -44.1x |
Cash | US$595.49m |
Equity | US$4.14b |
Total liabilities | US$1.10b |
Total assets | US$5.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSRG.F's short term assets ($1.3B) exceed its short term liabilities ($251.0M).
Long Term Liabilities: SSRG.F's short term assets ($1.3B) exceed its long term liabilities ($846.0M).
Debt to Equity History and Analysis
Debt Level: SSRG.F has more cash than its total debt.
Reducing Debt: SSRG.F's debt to equity ratio has reduced from 24% to 6.8% over the past 5 years.
Debt Coverage: SSRG.F's debt is well covered by operating cash flow (36.3%).
Interest Coverage: SSRG.F earns more interest than it pays, so coverage of interest payments is not a concern.