Eldorado Gold Balance Sheet Health
Financial Health criteria checks 4/6
Eldorado Gold has a total shareholder equity of $3.5B and total debt of $636.1M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are $5.0B and $1.5B respectively. Eldorado Gold's EBIT is $171.4M making its interest coverage ratio 26.2. It has cash and short-term investments of $544.4M.
Key information
18.1%
Debt to equity ratio
US$636.06m
Debt
| Interest coverage ratio | 26.2x |
| Cash | US$544.44m |
| Equity | US$3.51b |
| Total liabilities | US$1.48b |
| Total assets | US$4.99b |
Recent financial health updates
These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well
Feb 15
We 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 01Is Eldorado Gold (TSE:ELD) A Risky Investment?
Apr 13Eldorado Gold (TSE:ELD) Takes On Some Risk With Its Use Of Debt
Dec 24Recent updates
Eldorado 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 13Eldorado Gold (TSE:ELD) Takes On Some Risk With Its Use Of Debt
Dec 24Is Eldorado Gold Corporation (TSE:ELD) Trading At A 35% Discount?
Oct 26Is Eldorado Gold (TSE:ELD) A Risky Investment?
Sep 07Financial Position Analysis
Short Term Liabilities: ELD's short term assets ($930.4M) exceed its short term liabilities ($274.2M).
Long Term Liabilities: ELD's short term assets ($930.4M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: ELD's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: ELD's debt to equity ratio has increased from 17.8% to 18.1% over the past 5 years.
Debt Coverage: ELD's debt is well covered by operating cash flow (60.3%).
Interest Coverage: ELD's interest payments on its debt are well covered by EBIT (26.2x coverage).