Barrick Mining Corporation Financials
Barrick Mining Corporation (B) reported $10.9B in revenue for fiscal year 2010, up 34.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
B’s statements show a cash-generative core paired with a capital-hungry expansion model that keeps surplus cash thinner than profits imply.
From FY2008 to FY2010, operating cash flow climbed from$2.3B to$4.1B , a sign the core engine recovered in real cash and not just on paper. Even after that rebound, free cash flow was only$567M in FY2010 because capital spending reached$3.6B , so rising profits were being recycled back into the asset base rather than retained as excess cash.
FY2009 looks less like a broken operating engine than a year when items below operating profit and cash timing overwhelmed it: operating income stayed positive at
The rebound was not just bigger sales; operating margin widened from
Financial Health Signals
Barrick Mining Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Barrick Mining Corporation scores 4.78, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($79.3B) relative to total liabilities ($12.6B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Barrick Mining Corporation passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Barrick Mining Corporation generates $1.26 in operating cash flow ($4.1B OCF vs $3.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Barrick Mining Corporation generated $10.9B in revenue in fiscal year 2010. This represents an increase of 34.3% from the prior year.
Barrick Mining Corporation's EBITDA was $6.1B in fiscal year 2010, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 59.3% from the prior year.
Barrick Mining Corporation reported $3.3B in net income in fiscal year 2010. This represents an increase of 176.6% from the prior year.
Barrick Mining Corporation earned $3.28 per diluted share (EPS) in fiscal year 2010. This represents an increase of 169.3% from the prior year.
Cash & Balance Sheet
Barrick Mining Corporation generated $567.0M in free cash flow in fiscal year 2010, representing cash available after capex. This represents an increase of 111.8% from the prior year.
Barrick Mining Corporation held $4.0B in cash against $6.7B in long-term debt as of fiscal year 2010.
Barrick Mining Corporation paid $0.44 per share in dividends in fiscal year 2010. This represents an increase of 10.0% from the prior year.
Margins & Returns
Barrick Mining Corporation's operating margin was 45.3% in fiscal year 2010, reflecting core business profitability. This is up 10.7 percentage points from the prior year.
Barrick Mining Corporation's net profit margin was 30.0% in fiscal year 2010, showing the share of revenue converted to profit. This is up 82.5 percentage points from the prior year.
Barrick Mining Corporation's ROE was 17.2% in fiscal year 2010, measuring profit generated per dollar of shareholder equity. This is up 45.5 percentage points from the prior year.
Not reported for fiscal year 2010.
Capital Allocation
Barrick Mining Corporation invested $3.6B in capex in fiscal year 2010, funding long-term assets and infrastructure. This represents an increase of 44.3% from the prior year.
Not reported for fiscal year 2010.
Not reported for fiscal year 2010.
B Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY10 | FY09 | FY08 | FY07 | FY06 |
|---|---|---|---|---|---|
| Revenue | $10.9B+34.3% | $8.1B+6.9% | $7.6B+26.6% | $6.0B | N/A |
| SG&A Expenses | $154.0M-9.9% | $171.0M+10.3% | $155.0M0.0% | $155.0M | N/A |
| Operating Income | $4.9B+76.0% | $2.8B+16.3% | $2.4B | N/A | N/A |
| Income Tax | $1.4B+111.4% | $648.0M+9.1% | $594.0M+89.8% | $313.0M | N/A |
| Net Income | $3.3B+176.6% | -$4.3B-644.5% | $785.0M-29.8% | $1.1B | $0 |
| EPS (Diluted) | $3.28+169.3% | -$4.73-631.5% | $0.89-30.5% | $1.28 | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
B Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY10 | FY09 | FY08 | FY07 | FY06 |
|---|---|---|---|---|---|
| Total Assets | $33.3B+23.1% | $27.1B+12.1% | $24.2B | N/A | N/A |
| Current Assets | $7.1B+44.0% | $4.9B+20.1% | $4.1B | N/A | N/A |
| Cash & Equivalents | $4.0B+54.8% | $2.6B+78.4% | $1.4B-34.9% | $2.2B-27.5% | $3.0B |
| Inventory | $1.9B+20.3% | $1.5B+20.5% | $1.3B | N/A | N/A |
| Accounts Receivable | $346.0M+37.8% | $251.0M+27.4% | $197.0M | N/A | N/A |
| Goodwill | $5.3B+1.7% | $5.2B-1.6% | $5.3B-8.2% | $5.8B | N/A |
| Total Liabilities | $12.6B+9.2% | $11.5B+32.5% | $8.7B | N/A | N/A |
| Current Liabilities | $2.5B+40.4% | $1.8B-3.9% | $1.8B | N/A | N/A |
| Long-Term Debt | $6.7B+6.3% | $6.3B+44.4% | $4.3B+38.0% | $3.2B | N/A |
| Total Equity | $19.1B+26.6% | $15.1B-1.4% | $15.3B-0.4% | $15.3B | N/A |
| Retained Earnings | $456.0M+119.1% | -$2.4B-205.4% | $2.3B | N/A | N/A |
B Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY10 | FY09 | FY08 | FY07 | FY06 |
|---|---|---|---|---|---|
| Operating Cash Flow | $4.1B+277.7% | -$2.3B-203.0% | $2.3B+27.5% | $1.8B | N/A |
| Capital Expenditures | $3.6B+44.3% | $2.5B+28.8% | $1.9B | N/A | N/A |
| Free Cash Flow | $567.0M+111.8% | -$4.8B-1516.9% | $338.0M | N/A | N/A |
| Investing Cash Flow | -$4.2B-72.8% | -$2.4B+38.4% | -$3.9B-151.0% | -$1.6B | N/A |
| Financing Cash Flow | $1.4B-75.4% | $5.8B+552.7% | $893.0M+185.0% | -$1.1B | N/A |
| Dividends Paid | $436.0M+18.2% | $369.0M+5.7% | $349.0M+33.7% | $261.0M | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
B Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY10 | FY09 | FY08 | FY07 | FY06 |
|---|---|---|---|---|---|
| Operating Margin | 45.3%+10.7pp | 34.5%+2.8pp | 31.7% | N/A | N/A |
| Net Margin | 30.0%+82.5pp | -52.5%-62.8pp | 10.3%-8.3pp | 18.6% | N/A |
| Return on Equity | 17.2%+45.5pp | -28.4%-33.5pp | 5.1%-2.2pp | 7.3% | N/A |
| Return on Assets | 9.8%+25.6pp | -15.8%-19.0pp | 3.3% | N/A | N/A |
| Current Ratio | 2.86+0.1x | 2.79+0.6x | 2.23 | N/A | N/A |
| Debt-to-Equity | 0.35-0.1x | 0.42+0.1x | 0.28+0.1x | 0.21 | N/A |
| FCF Margin | 5.2%+64.1pp | -58.9%-63.3pp | 4.4% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin.
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Where Barrick Mining Corporation Ranks
Frequently Asked Questions
What is Barrick Mining Corporation's annual revenue?
Barrick Mining Corporation (B) reported $10.9B in total revenue for fiscal year 2010. This represents a 34.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Barrick Mining Corporation's revenue growing?
Barrick Mining Corporation (B) revenue grew by 34.3% year-over-year, from $8.1B to $10.9B in fiscal year 2010.
Is Barrick Mining Corporation profitable?
Yes, Barrick Mining Corporation (B) reported a net income of $3.3B in fiscal year 2010, with a net profit margin of 30.0%.
What is Barrick Mining Corporation's EBITDA?
Barrick Mining Corporation (B) had EBITDA of $6.1B in fiscal year 2010, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Barrick Mining Corporation have?
As of fiscal year 2010, Barrick Mining Corporation (B) had $4.0B in cash and equivalents against $6.7B in long-term debt.
What is Barrick Mining Corporation's operating margin?
Barrick Mining Corporation (B) had an operating margin of 45.3% in fiscal year 2010, reflecting the profitability of core business operations before interest and taxes.
What is Barrick Mining Corporation's net profit margin?
Barrick Mining Corporation (B) had a net profit margin of 30.0% in fiscal year 2010, representing the share of revenue converted into profit after all expenses.
Does Barrick Mining Corporation pay dividends?
Yes, Barrick Mining Corporation (B) paid $0.44 per share in dividends during fiscal year 2010.
What is Barrick Mining Corporation's return on equity (ROE)?
Barrick Mining Corporation (B) has a return on equity of 17.2% for fiscal year 2010, measuring how efficiently the company generates profit from shareholder equity.
What is Barrick Mining Corporation's free cash flow?
Barrick Mining Corporation (B) generated $567.0M in free cash flow during fiscal year 2010. This represents a 111.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Barrick Mining Corporation's operating cash flow?
Barrick Mining Corporation (B) generated $4.1B in operating cash flow during fiscal year 2010, representing cash generated from core business activities.
What are Barrick Mining Corporation's total assets?
Barrick Mining Corporation (B) had $33.3B in total assets as of fiscal year 2010, including both current and long-term assets.
What are Barrick Mining Corporation's capital expenditures?
Barrick Mining Corporation (B) invested $3.6B in capital expenditures during fiscal year 2010, funding long-term assets and infrastructure.
What is Barrick Mining Corporation's current ratio?
Barrick Mining Corporation (B) had a current ratio of 2.86 as of fiscal year 2010, which is generally considered healthy.
What is Barrick Mining Corporation's debt-to-equity ratio?
Barrick Mining Corporation (B) had a debt-to-equity ratio of 0.35 as of fiscal year 2010, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Barrick Mining Corporation's return on assets (ROA)?
Barrick Mining Corporation (B) had a return on assets of 9.8% for fiscal year 2010, measuring how efficiently the company uses its assets to generate profit.
What is Barrick Mining Corporation's Altman Z-Score?
Barrick Mining Corporation (B) has an Altman Z-Score of 4.78, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Barrick Mining Corporation's Piotroski F-Score?
Barrick Mining Corporation (B) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Barrick Mining Corporation's earnings high quality?
Barrick Mining Corporation (B) has an earnings quality ratio of 1.26x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.