Stanmore Resources Balance Sheet Health
Financial Health criteria checks 6/6
Stanmore Resources has a total shareholder equity of $1.8B and total debt of $315.9M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are $3.6B and $1.9B respectively. Stanmore Resources's EBIT is $778.9M making its interest coverage ratio 9.4. It has cash and short-term investments of $446.3M.
Key information
18.0%
Debt to equity ratio
US$315.90m
Debt
Interest coverage ratio | 9.4x |
Cash | US$446.30m |
Equity | US$1.75b |
Total liabilities | US$1.85b |
Total assets | US$3.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STMR.F's short term assets ($997.6M) exceed its short term liabilities ($988.3M).
Long Term Liabilities: STMR.F's short term assets ($997.6M) exceed its long term liabilities ($863.6M).
Debt to Equity History and Analysis
Debt Level: STMR.F has more cash than its total debt.
Reducing Debt: STMR.F's debt to equity ratio has reduced from 25% to 18% over the past 5 years.
Debt Coverage: STMR.F's debt is well covered by operating cash flow (233.3%).
Interest Coverage: STMR.F's interest payments on its debt are well covered by EBIT (9.4x coverage).