Wesdome Gold Mines Balance Sheet Health
Financial Health criteria checks 2/6
Wesdome Gold Mines has a total shareholder equity of CA$427.3M and total debt of CA$38.7M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are CA$619.0M and CA$191.7M respectively. Wesdome Gold Mines's EBIT is CA$5.4M making its interest coverage ratio 1.4. It has cash and short-term investments of CA$41.4M.
Key information
9.1%
Debt to equity ratio
CA$38.74m
Debt
Interest coverage ratio | 1.4x |
Cash | CA$41.37m |
Equity | CA$427.30m |
Total liabilities | CA$191.66m |
Total assets | CA$618.96m |
Recent financial health updates
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
Earnings 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 03Wesdome Gold Mines Ltd. (TSE:WDO) Analysts Just Slashed This Year's Revenue Estimates By 17%
Aug 16Under The Bonnet, Wesdome Gold Mines' (TSE:WDO) Returns Look Impressive
Jul 22If EPS Growth Is Important To You, Wesdome Gold Mines (TSE:WDO) Presents An Opportunity
Jun 19Wesdome Gold Mines (TSE:WDO) Is Achieving High Returns On Its Capital
Apr 14If You Like EPS Growth Then Check Out Wesdome Gold Mines (TSE:WDO) Before It's Too Late
Mar 17Wesdome Gold Mines (TSE:WDO) Is Doing The Right Things To Multiply Its Share Price
Jan 14Here's Why I Think Wesdome Gold Mines (TSE:WDO) Might Deserve Your Attention Today
Dec 09Financial Position Analysis
Short Term Liabilities: WDO's short term assets (CA$82.2M) do not cover its short term liabilities (CA$89.1M).
Long Term Liabilities: WDO's short term assets (CA$82.2M) do not cover its long term liabilities (CA$102.5M).
Debt to Equity History and Analysis
Debt Level: WDO has more cash than its total debt.
Reducing Debt: WDO's debt to equity ratio has increased from 0% to 9.1% over the past 5 years.
Debt Coverage: WDO's debt is well covered by operating cash flow (261.6%).
Interest Coverage: WDO's interest payments on its debt are not well covered by EBIT (1.4x coverage).