Barrick Gold Balance Sheet Health
Financial Health criteria checks 5/6
Barrick Gold has a total shareholder equity of $32.9B and total debt of $4.7B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are $47.4B and $14.5B respectively. Barrick Gold's EBIT is $3.1B making its interest coverage ratio 44.1. It has cash and short-term investments of $4.2B.
Key information
14.2%
Debt to equity ratio
US$4.67b
Debt
| Interest coverage ratio | 44.1x |
| Cash | US$4.23b |
| Equity | US$32.90b |
| Total liabilities | US$14.46b |
| Total assets | US$47.35b |
Recent financial health updates
Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?
Sep 24
These 4 Measures Indicate That Barrick Gold (TSE:ABX) Is Using Debt Reasonably Well
Mar 28Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?
Nov 21Barrick Gold (TSE:ABX) Has A Somewhat Strained Balance Sheet
Jul 17Recent updates
There's Been No Shortage Of Growth Recently For Barrick Gold's (TSE:ABX) Returns On Capital
Nov 08Investor Optimism Abounds Barrick Gold Corporation (TSE:ABX) But Growth Is Lacking
Oct 25Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?
Sep 24Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality
Aug 22We Like These Underlying Return On Capital Trends At Barrick Gold (TSE:ABX)
Aug 09Barrick Gold Corporation's (TSE:ABX) Popularity With Investors Is Under Threat From Overpricing
Jul 25Is There An Opportunity With Barrick Gold Corporation's (TSE:ABX) 40% Undervaluation?
Jun 23It Looks Like Barrick Gold Corporation's (TSE:ABX) CEO May Expect Their Salary To Be Put Under The Microscope
Apr 25These 4 Measures Indicate That Barrick Gold (TSE:ABX) Is Using Debt Reasonably Well
Mar 28Barrick Gold's (TSE:ABX) Promising Earnings May Rest On Soft Foundations
Feb 21Pinning Down Barrick Gold Corporation's (TSE:ABX) P/S Is Difficult Right Now
Feb 08A Look At The Fair Value Of Barrick Gold Corporation (TSE:ABX)
Dec 22Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?
Nov 21Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value
Aug 07Barrick Gold (TSE:ABX) Has A Somewhat Strained Balance Sheet
Jul 17Financial Position Analysis
Short Term Liabilities: ABX's short term assets ($8.0B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: ABX's short term assets ($8.0B) do not cover its long term liabilities ($11.4B).
Debt to Equity History and Analysis
Debt Level: ABX's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: ABX's debt to equity ratio has reduced from 19.6% to 14.2% over the past 5 years.
Debt Coverage: ABX's debt is well covered by operating cash flow (87.7%).
Interest Coverage: ABX's interest payments on its debt are well covered by EBIT (44.1x coverage).