Torex Gold Resources Balance Sheet Health
Financial Health criteria checks 6/6
Torex Gold Resources has a total shareholder equity of $1.5B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.8B and $340.7M respectively. Torex Gold Resources's EBIT is $217.4M making its interest coverage ratio -18.4. It has cash and short-term investments of $172.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -18.4x |
| Cash | US$172.80m |
| Equity | US$1.50b |
| Total liabilities | US$340.70m |
| Total assets | US$1.84b |
Recent financial health updates
No updates
Recent updates
Should You Be Adding Torex Gold Resources (TSE:TXG) To Your Watchlist Today?
Mar 29
There's No Escaping Torex Gold Resources Inc.'s (TSE:TXG) Muted Earnings Despite A 25% Share Price Rise
Mar 06Torex Gold Resources (TSE:TXG) Is Experiencing Growth In Returns On Capital
Feb 21Little Excitement Around Torex Gold Resources Inc.'s (TSE:TXG) Earnings
Dec 24There's Been No Shortage Of Growth Recently For Torex Gold Resources' (TSE:TXG) Returns On Capital
Nov 11With EPS Growth And More, Torex Gold Resources (TSE:TXG) Makes An Interesting Case
Oct 20Torex Gold Resources (TSE:TXG) Is Looking To Continue Growing Its Returns On Capital
Aug 03If EPS Growth Is Important To You, Torex Gold Resources (TSE:TXG) Presents An Opportunity
Jul 13Torex Gold Resources (TSE:TXG) Is Investing Its Capital With Increasing Efficiency
Apr 27With EPS Growth And More, Torex Gold Resources (TSE:TXG) Makes An Interesting Case
Mar 15Why The 22% Return On Capital At Torex Gold Resources (TSE:TXG) Should Have Your Attention
Jan 26We Like Torex Gold Resources' (TSE:TXG) Returns And Here's How They're Trending
Oct 20Returns on Capital Paint A Bright Future For Torex Gold Resources (TSE:TXG)
Jul 06Investors Should Be Encouraged By Torex Gold Resources' (TSE:TXG) Returns On Capital
Apr 02Does Torex Gold Resources (TSE:TXG) Deserve A Spot On Your Watchlist?
Dec 22Why We Like The Returns At Torex Gold Resources (TSE:TXG)
Nov 10Under The Bonnet, Torex Gold Resources' (TSE:TXG) Returns Look Impressive
Aug 10Is Now The Time To Put Torex Gold Resources (TSE:TXG) On Your Watchlist?
Apr 20Torex Gold Resources Inc.'s (TSE:TXG) Intrinsic Value Is Potentially 92% Above Its Share Price
Apr 02Can Torex Gold Resources (TSE:TXG) Continue To Grow Its Returns On Capital?
Mar 18Do Institutions Own Torex Gold Resources Inc. (TSE:TXG) Shares?
Mar 04Investors Who Bought Torex Gold Resources (TSE:TXG) Shares Three Years Ago Are Now Up 30%
Feb 19Michael Murphy Is The Independent Director of Torex Gold Resources Inc. (TSE:TXG) And They Just Sold 42% Of Their Shares
Feb 04
Financial Position Analysis
Short Term Liabilities: TXG's short term assets ($405.5M) exceed its short term liabilities ($281.7M).
Long Term Liabilities: TXG's short term assets ($405.5M) exceed its long term liabilities ($59.0M).
Debt to Equity History and Analysis
Debt Level: TXG is debt free.
Reducing Debt: TXG has no debt compared to 5 years ago when its debt to equity ratio was 43.9%.
Debt Coverage: TXG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TXG has no debt, therefore coverage of interest payments is not a concern.