Wesdome Gold Mines Balance Sheet Health
Financial Health criteria checks 6/6
Wesdome Gold Mines has a total shareholder equity of CA$513.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$684.7M and CA$171.3M respectively. Wesdome Gold Mines's EBIT is CA$132.8M making its interest coverage ratio 60.7. It has cash and short-term investments of CA$82.5M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 60.7x |
| Cash | CA$82.52m |
| Equity | CA$513.41m |
| Total liabilities | CA$171.33m |
| Total assets | CA$684.74m |
Recent financial health updates
Is Wesdome Gold Mines (TSE:WDO) A Risky Investment?
Jun 13
Does Wesdome Gold Mines (TSE:WDO) Have A Healthy Balance Sheet?
Mar 05Here's Why Wesdome Gold Mines (TSE:WDO) Has A Meaningful Debt Burden
Apr 14Recent updates
Pinning Down Wesdome Gold Mines Ltd.'s (TSE:WDO) P/S Is Difficult Right Now
Feb 17A Look Into Wesdome Gold Mines' (TSE:WDO) Impressive Returns On Capital
Dec 25Wesdome Gold Mines Ltd.'s (TSE:WDO) Shareholders Might Be Looking For Exit
Oct 23There Are Reasons To Feel Uneasy About Wesdome Gold Mines' (TSE:WDO) Returns On Capital
Sep 09Analysts Have Made A Financial Statement On Wesdome Gold Mines Ltd.'s (TSE:WDO) Second-Quarter Report
Aug 17Is Wesdome Gold Mines (TSE:WDO) A Risky Investment?
Jun 13Why Investors Shouldn't Be Surprised By Wesdome Gold Mines Ltd.'s (TSE:WDO) P/S
Apr 30Earnings Miss: Wesdome Gold Mines Ltd. Missed EPS And Analysts Are Revising Their Forecasts
Mar 14Does Wesdome Gold Mines (TSE:WDO) Have A Healthy Balance Sheet?
Mar 05Shareholders Should Be Pleased With Wesdome Gold Mines Ltd.'s (TSE:WDO) Price
Jan 09Is Wesdome Gold Mines Ltd. (TSE:WDO) Trading At A 24% Discount?
Oct 19Wesdome Gold Mines (TSE:WDO) Might Be Having Difficulty Using Its Capital Effectively
Sep 22Capital Allocation Trends At Wesdome Gold Mines (TSE:WDO) Aren't Ideal
May 24Here's Why Wesdome Gold Mines (TSE:WDO) Has A Meaningful Debt Burden
Apr 14Need To Know: The Consensus Just Cut Its Wesdome Gold Mines Ltd. (TSE:WDO) Estimates For 2023
Jan 25Does This Valuation Of Wesdome Gold Mines Ltd. (TSE:WDO) Imply Investors Are Overpaying?
Dec 19Wesdome Gold Mines (TSE:WDO) Is Experiencing Growth In Returns On Capital
Nov 03Financial Position Analysis
Short Term Liabilities: WDO's short term assets (CA$130.5M) exceed its short term liabilities (CA$61.1M).
Long Term Liabilities: WDO's short term assets (CA$130.5M) exceed its long term liabilities (CA$110.3M).
Debt to Equity History and Analysis
Debt Level: WDO is debt free.
Reducing Debt: WDO has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: WDO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WDO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 11:08 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Wesdome Gold Mines Ltd. is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Mikitchook | BMO Capital Markets Equity Research |
| Brian Quast | BMO Capital Markets Equity Research |
| Carey MacRury | Canaccord Genuity |