Barrick Gold Balance Sheet Health
Financial Health criteria checks 5/6
Barrick Gold has a total shareholder equity of $33.3B and total debt of $5.2B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are $47.6B and $14.4B respectively. Barrick Gold's EBIT is $4.8B making its interest coverage ratio 38.1. It has cash and short-term investments of $4.1B.
Key information
15.6%
Debt to equity ratio
US$5.20b
Debt
| Interest coverage ratio | 38.1x |
| Cash | US$4.07b |
| Equity | US$33.26b |
| Total liabilities | US$14.37b |
| Total assets | US$47.63b |
Recent financial health updates
We Think Barrick Gold (TSE:ABX) Can Stay On Top Of Its Debt
Apr 14
Here's Why Barrick Gold (TSE:ABX) Can Manage Its Debt Responsibly
Dec 30Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?
Sep 24Recent updates
We Think Barrick Gold (TSE:ABX) Can Stay On Top Of Its Debt
Apr 14Investors Continue Waiting On Sidelines For Barrick Gold Corporation (TSE:ABX)
Mar 18Calculating The Intrinsic Value Of Barrick Gold Corporation (TSE:ABX)
Feb 27Results: Barrick Gold Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 14
Reko Diq And Fourmile Projects Will Expand Production And Diversify Operations
Feb 09 Strategic investments in new projects and expansions position Barrick for sustained production growth, boosting future revenues and diversification.We Like These Underlying Return On Capital Trends At Barrick Gold (TSE:ABX)
Feb 06Here's Why Barrick Gold (TSE:ABX) Can Manage Its Debt Responsibly
Dec 30There'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 23Financial Position Analysis
Short Term Liabilities: ABX's short term assets ($7.6B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: ABX's short term assets ($7.6B) do not cover its long term liabilities ($11.7B).
Debt to Equity History and Analysis
Debt Level: ABX's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: ABX's debt to equity ratio has reduced from 18.2% to 15.6% over the past 5 years.
Debt Coverage: ABX's debt is well covered by operating cash flow (86.4%).
Interest Coverage: ABX's interest payments on its debt are well covered by EBIT (38.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/28 07:05 |
| End of Day Share Price | 2025/04/28 00:00 |
| Earnings | 2024/12/31 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Barrick Gold Corporation is covered by 60 analysts. 11 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 |
|---|---|
| Harriet Li | Accountability Research Corporation |
| David Coleman | Argus Research Company |
| Fabrizio Spagna | Axia Financial Research |