Westgold Resources Balance Sheet Health
Financial Health criteria checks 6/6
Westgold Resources has a total shareholder equity of A$691.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.1B and A$360.7M respectively. Westgold Resources's EBIT is A$127.0M making its interest coverage ratio -21.7. It has cash and short-term investments of A$236.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -21.7x |
| Cash | AU$236.04m |
| Equity | AU$691.80m |
| Total liabilities | AU$360.70m |
| Total assets | AU$1.05b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Westgold Resources Limited's (ASX:WGX) Revenues Yet
Jun 25
Investors Aren't Buying Westgold Resources Limited's (ASX:WGX) Revenues
Feb 07Here'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$324.6M) exceed its short term liabilities (A$186.2M).
Long Term Liabilities: WGX's short term assets (A$324.6M) exceed its long term liabilities (A$174.5M).
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.