Lundin Gold Financial Health
How is Lundin Gold's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LUG's short term assets ($580.5M) exceed its short term liabilities ($326.8M).
Long Term Liabilities: LUG's short term assets ($580.5M) exceed its long term liabilities ($386.6M).
Debt to Equity History and Analysis
Debt Level: LUG's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: LUG's debt to equity ratio has reduced from 64.4% to 64% over the past 5 years.
Debt Coverage: LUG's debt is well covered by operating cash flow (67.9%).
Interest Coverage: LUG's interest payments on its debt are well covered by EBIT (9.8x coverage).