Eldorado Gold Balance Sheet Health
Financial Health criteria checks 4/6
Eldorado Gold has a total shareholder equity of $4.3B and total debt of $1.3B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are $6.7B and $2.4B respectively. Eldorado Gold's EBIT is $760.2M making its interest coverage ratio 24.1. It has cash and short-term investments of $869.4M.
Key information
29.77%
Debt to equity ratio
US$1.28b
Debt
| Interest coverage ratio | 24.1x |
| Cash | US$869.36m |
| Equity | US$4.28b |
| Total liabilities | US$2.44b |
| Total assets | US$6.73b |
Recent financial health updates
Eldorado Gold (TSE:ELD) Has A Pretty Healthy Balance Sheet
Nov 22
Is Eldorado Gold (TSE:ELD) Using Too Much Debt?
Apr 15Recent updates
Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher
Jan 20Eldorado Gold Corporation's (TSE:ELD) 28% Jump Shows Its Popularity With Investors
Dec 21Eldorado Gold (TSE:ELD) Has A Pretty Healthy Balance Sheet
Nov 22Investors Will Want Eldorado Gold's (TSE:ELD) Growth In ROCE To Persist
Sep 07A Piece Of The Puzzle Missing From Eldorado Gold Corporation's (TSE:ELD) Share Price
Jul 10Should You Be Adding Eldorado Gold (TSE:ELD) To Your Watchlist Today?
Jun 13It Looks Like Shareholders Would Probably Approve Eldorado Gold Corporation's (TSE:ELD) CEO Compensation Package
May 27Is 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
Expansion efforts and operational optimizations at Olympias and Kisladag aim to boost production capacity and recovery rates for future revenue growth.Financial Position Analysis
Short Term Liabilities: ELD's short term assets ($1.4B) exceed its short term liabilities ($789.1M).
Long Term Liabilities: ELD's short term assets ($1.4B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: ELD's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: ELD's debt to equity ratio has increased from 13.6% to 29.8% over the past 5 years.
Debt Coverage: ELD's debt is well covered by operating cash flow (58.2%).
Interest Coverage: ELD's interest payments on its debt are well covered by EBIT (24.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/20 18:54 |
| End of Day Share Price | 2026/02/20 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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
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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 26 analysts. 2 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 |
|---|---|
| Richard Gray | ATB Cormark Historical (Cormark Securities) |
| Farooq Hamed | Barclays |
| Brian Quast | BMO Capital Markets Equity Research |