Westgold Resources Balance Sheet Health
Financial Health criteria checks 6/6
Westgold Resources has a total shareholder equity of A$643.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$929.7M and A$286.5M respectively. Westgold Resources's EBIT is A$84.5M making its interest coverage ratio -15.2. It has cash and short-term investments of A$226.2M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -15.2x |
| Cash | AU$226.22m |
| Equity | AU$643.21m |
| Total liabilities | AU$286.49m |
| Total assets | AU$929.71m |
Recent financial health updates
No updates
Recent updates
Investors Aren't Buying Westgold Resources Limited's (ASX:WGX) Revenues
Feb 07
Here's Why I Think Westgold Resources (ASX:WGX) Is An Interesting Stock
Oct 09Can You Imagine How Westgold Resources' (ASX:WGX) Shareholders Feel About The 64% Share Price Increase?
Dec 09
Should Weakness in Westgold Resources Limited's (ASX:WGX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Nov 24Financial Position Analysis
Short Term Liabilities: WGX's short term assets (A$331.5M) exceed its short term liabilities (A$150.7M).
Long Term Liabilities: WGX's short term assets (A$331.5M) exceed its long term liabilities (A$135.7M).
Debt to Equity History and Analysis
Debt Level: WGX is debt free.
Reducing Debt: WGX had no debt 5 years ago.
Debt Coverage: WGX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WGX has no debt, therefore coverage of interest payments is not a concern.