How much debt does Doré Copper Mining have?

According to Doré Copper Mining's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Doré Copper Mining's total debt stands at $250.71K. This is broken down into:

• Long-term debt: $-
• Short-term debt: $250.71K

The company's net debt, which accounts for cash and cash equivalents, is $-2.80M. In terms of overall financial obligations, Doré Copper Mining's total liabilities amount to $2.20M.

Debt Ratios and Metrics

To better understand Doré Copper Mining's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 0.03 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 2.18% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 0.00 - 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: 2.62% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Doré Copper Mining'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.