Eldorado Gold Balance Sheet Health
Financial Health criteria checks 4/6
Eldorado Gold has a total shareholder equity of $3.8B and total debt of $849.2M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are $5.6B and $1.8B respectively. Eldorado Gold's EBIT is $320.1M making its interest coverage ratio -42.2. It has cash and short-term investments of $677.8M.
Key information
22.6%
Debt to equity ratio
US$849.20m
Debt
| Interest coverage ratio | -42.2x |
| Cash | US$677.76m |
| Equity | US$3.76b |
| Total liabilities | US$1.80b |
| Total assets | US$5.57b |
Recent financial health updates
We Think Eldorado Gold (TSE:ELD) Can Stay On Top Of Its Debt
Sep 23
Eldorado Gold (TSE:ELD) Seems To Use Debt Quite Sensibly
Jun 13These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well
Feb 15We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt
Sep 17Eldorado Gold (TSE:ELD) Has A Somewhat Strained Balance Sheet
Mar 15We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt
Aug 01Recent updates
Investors Will Want Eldorado Gold's (TSE:ELD) Growth In ROCE To Persist
Nov 19With EPS Growth And More, Eldorado Gold (TSE:ELD) Makes An Interesting Case
Nov 04We Think Eldorado Gold (TSE:ELD) Can Stay On Top Of Its Debt
Sep 23Eldorado Gold Corporation (TSE:ELD) Not Flying Under The Radar
Aug 26Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher
Aug 10Eldorado Gold (TSE:ELD) Seems To Use Debt Quite Sensibly
Jun 13Eldorado Gold Corporation (TSE:ELD) Looks Just Right With A 29% Price Jump
Apr 10Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher
Mar 19These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well
Feb 15Eldorado Gold Corporation's (TSE:ELD) P/S Still Appears To Be Reasonable
Dec 31Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue
Nov 18We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt
Sep 17Returns Are Gaining Momentum At Eldorado Gold (TSE:ELD)
Jul 31Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue
Apr 02Eldorado Gold (TSE:ELD) Has A Somewhat Strained Balance Sheet
Mar 15Returns On Capital Are Showing Encouraging Signs At Eldorado Gold (TSE:ELD)
Nov 24The Return Trends At Eldorado Gold (TSE:ELD) Look Promising
Aug 22We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt
Aug 01Is Eldorado Gold (TSE:ELD) A Risky Investment?
Apr 13Financial Position Analysis
Short Term Liabilities: ELD's short term assets ($1.2B) exceed its short term liabilities ($350.7M).
Long Term Liabilities: ELD's short term assets ($1.2B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: ELD's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: ELD's debt to equity ratio has increased from 14.5% to 22.6% over the past 5 years.
Debt Coverage: ELD's debt is well covered by operating cash flow (64.6%).
Interest Coverage: ELD earns more interest than it pays, so coverage of interest payments is not a concern.