Lundin Gold Balance Sheet Health
Financial Health criteria checks 6/6
Lundin Gold has a total shareholder equity of $1.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.4B and $218.6M respectively. Lundin Gold's EBIT is $507.6M making its interest coverage ratio -128.1. It has cash and short-term investments of $225.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -128.1x |
| Cash | US$225.73m |
| Equity | US$1.15b |
| Total liabilities | US$218.63m |
| Total assets | US$1.36b |
Recent financial health updates
Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Sep 23
Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Jun 10Lundin Gold (TSE:LUG) Seems To Use Debt Rather Sparingly
Feb 22Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Sep 04Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
May 24Recent updates
Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality
Nov 15Why Investors Shouldn't Be Surprised By Lundin Gold Inc.'s (TSE:LUG) P/E
Nov 07Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Sep 23A Look At The Fair Value Of Lundin Gold Inc. (TSE:LUG)
Sep 09Lundin Gold (TSE:LUG) Has Announced That It Will Be Increasing Its Dividend To $0.20
Aug 12Lundin Gold Inc. (TSE:LUG) Not Flying Under The Radar
Aug 09The Trend Of High Returns At Lundin Gold (TSE:LUG) Has Us Very Interested
Jul 25Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Jun 10Analyst Estimates: Here's What Brokers Think Of Lundin Gold Inc. (TSE:LUG) After Its First-Quarter Report
May 12A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
May 03Shareholders Would Enjoy A Repeat Of Lundin Gold's (TSE:LUG) Recent Growth In Returns
Apr 21Does Lundin Gold (TSE:LUG) Deserve A Spot On Your Watchlist?
Mar 25Lundin Gold (TSE:LUG) Has Announced A Dividend Of $0.1348
Feb 29Lundin Gold (TSE:LUG) Seems To Use Debt Rather Sparingly
Feb 22Investors Interested In Lundin Gold Inc.'s (TSE:LUG) Earnings
Jan 25Estimating The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
Dec 13We Like Lundin Gold's (TSE:LUG) Returns And Here's How They're Trending
Nov 29Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Sep 04Why We Like The Returns At Lundin Gold (TSE:LUG)
Aug 15A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
Jun 20Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
May 24Investors Shouldn't Overlook Lundin Gold's (TSE:LUG) Impressive Returns On Capital
May 10Financial Position Analysis
Short Term Liabilities: LUG's short term assets ($484.1M) exceed its short term liabilities ($126.7M).
Long Term Liabilities: LUG's short term assets ($484.1M) exceed its long term liabilities ($92.0M).
Debt to Equity History and Analysis
Debt Level: LUG is debt free.
Reducing Debt: LUG has no debt compared to 5 years ago when its debt to equity ratio was 148.4%.
Debt Coverage: LUG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LUG has no debt, therefore coverage of interest payments is not a concern.