Westgold Resources Balance Sheet Health
Financial Health criteria checks 6/6
Westgold Resources has a total shareholder equity of A$1.1B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.7B and A$611.6M respectively. Westgold Resources's EBIT is A$135.1M making its interest coverage ratio -37. It has cash and short-term investments of A$57.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -37x |
| Cash | AU$57.02m |
| Equity | AU$1.07b |
| Total liabilities | AU$611.61m |
| Total assets | AU$1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WGX's short term assets (A$348.7M) exceed its short term liabilities (A$279.0M).
Long Term Liabilities: WGX's short term assets (A$348.7M) exceed its long term liabilities (A$332.6M).
Debt to Equity History and Analysis
Debt Level: WGX is debt free.
Reducing Debt: WGX had no debt 5 years ago.
Debt Coverage: WGX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WGX has no debt, therefore coverage of interest payments is not a concern.