Anglo American Balance Sheet Health
Financial Health criteria checks 4/6
Anglo American has a total shareholder equity of $30.9B and total debt of $17.9B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are $68.4B and $37.5B respectively. Anglo American's EBIT is $6.4B making its interest coverage ratio 8.4. It has cash and short-term investments of $8.6B.
Key information
57.9%
Debt to equity ratio
US$17.86b
Debt
| Interest coverage ratio | 8.4x |
| Cash | US$8.61b |
| Equity | US$30.86b |
| Total liabilities | US$37.54b |
| Total assets | US$68.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGL's short term assets ($18.8B) exceed its short term liabilities ($9.5B).
Long Term Liabilities: AGL's short term assets ($18.8B) do not cover its long term liabilities ($28.0B).
Debt to Equity History and Analysis
Debt Level: AGL's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: AGL's debt to equity ratio has increased from 31.3% to 57.9% over the past 5 years.
Debt Coverage: AGL's debt is well covered by operating cash flow (44.1%).
Interest Coverage: AGL's interest payments on its debt are well covered by EBIT (8.4x coverage).