How much debt does CopperCorp Resources have?

According to CopperCorp Resources's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

CopperCorp Resources's total debt stands at $70.47K. This is broken down into:

• Long-term debt: $13.45K
• Short-term debt: $57.03K

The company's net debt, which accounts for cash and cash equivalents, is $-5.52M. In terms of overall financial obligations, CopperCorp Resources's total liabilities amount to $316.08K.

Debt Ratios and Metrics

To better understand CopperCorp Resources's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 0.01 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 1.07% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: -245.00 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 1.12% - this indicates the total debt in the company's capital structure.

These metrics provide insight into CopperCorp Resources's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.