Eldorado Gold Balance Sheet Health
Financial Health criteria checks 4/6
Eldorado Gold has a total shareholder equity of $4.0B and total debt of $932.8M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are $6.0B and $2.0B respectively. Eldorado Gold's EBIT is $477.6M making its interest coverage ratio -98.2. It has cash and short-term investments of $978.1M.
Key information
23.4%
Debt to equity ratio
US$932.81m
Debt
| Interest coverage ratio | -98.2x |
| Cash | US$978.14m |
| Equity | US$3.98b |
| Total liabilities | US$1.97b |
| Total assets | US$5.95b |
Recent financial health updates
Is Eldorado Gold (TSE:ELD) Using Too Much Debt?
Apr 15
Is Eldorado Gold (TSE:ELD) A Risky Investment?
Jan 03We Think Eldorado Gold (TSE:ELD) Can Stay On Top Of Its Debt
Sep 23Eldorado Gold (TSE:ELD) Seems To Use Debt Quite Sensibly
Jun 13These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well
Feb 15We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt
Sep 17Recent updates
Is Eldorado Gold (TSE:ELD) Using Too Much Debt?
Apr 15Eldorado Gold Corporation (TSE:ELD) Stock Rockets 27% But Many Are Still Ignoring The Company
Apr 02Returns At Eldorado Gold (TSE:ELD) Are On The Way Up
Mar 20There May Be Underlying Issues With The Quality Of Eldorado Gold's (TSE:ELD) Earnings
Mar 05Does Eldorado Gold (TSE:ELD) Deserve A Spot On Your Watchlist?
Feb 22
Skouries And Olympias Expansions Will Increase Future Gold And Copper Output
Feb 09 Expansion efforts and operational optimizations at Olympias and Kisladag aim to boost production capacity and recovery rates for future revenue growth.Is Eldorado Gold (TSE:ELD) A Risky Investment?
Jan 03Eldorado Gold Corporation's (TSE:ELD) Subdued P/E Might Signal An Opportunity
Dec 17Investors Will Want Eldorado Gold's (TSE:ELD) Growth In ROCE To Persist
Nov 19With EPS Growth And More, Eldorado Gold (TSE:ELD) Makes An Interesting Case
Nov 04We Think Eldorado Gold (TSE:ELD) Can Stay On Top Of Its Debt
Sep 23Eldorado Gold Corporation (TSE:ELD) Not Flying Under The Radar
Aug 26Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher
Aug 10Eldorado Gold (TSE:ELD) Seems To Use Debt Quite Sensibly
Jun 13Eldorado Gold Corporation (TSE:ELD) Looks Just Right With A 29% Price Jump
Apr 10Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher
Mar 19These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well
Feb 15Eldorado Gold Corporation's (TSE:ELD) P/S Still Appears To Be Reasonable
Dec 31Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue
Nov 18We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt
Sep 17Returns Are Gaining Momentum At Eldorado Gold (TSE:ELD)
Jul 31Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue
Apr 02Eldorado Gold (TSE:ELD) Has A Somewhat Strained Balance Sheet
Mar 15Returns On Capital Are Showing Encouraging Signs At Eldorado Gold (TSE:ELD)
Nov 24Financial Position Analysis
Short Term Liabilities: ELD's short term assets ($1.5B) exceed its short term liabilities ($472.5M).
Long Term Liabilities: ELD's short term assets ($1.5B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: ELD has more cash than its total debt.
Reducing Debt: ELD's debt to equity ratio has increased from 18.2% to 23.4% over the past 5 years.
Debt Coverage: ELD's debt is well covered by operating cash flow (73.8%).
Interest Coverage: ELD earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/04 02:08 |
| End of Day Share Price | 2025/05/02 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eldorado Gold Corporation is covered by 35 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Farooq Hamed | Barclays |
| Brian Quast | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |