Cerrado Gold Balance Sheet Health
Financial Health criteria checks 3/6
Cerrado Gold has a total shareholder equity of $51.5M and total debt of $35.2M, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are $241.1M and $189.6M respectively.
Key information
68.30%
Debt to equity ratio
US$35.18m
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.03m |
| Equity | US$51.50m |
| Total liabilities | US$189.57m |
| Total assets | US$241.07m |
Recent financial health updates
No updates
Recent updates
Cerrado Gold Inc.'s (CVE:CERT) Shares Bounce 43% But Its Business Still Trails The Industry
Apr 22
Cerrado Gold Inc.'s (CVE:CERT) Shares Not Telling The Full Story
Feb 06Cerrado Gold Inc. (CVE:CERT) Shares Fly 29% But Investors Aren't Buying For Growth
Oct 12Insufficient Growth At Cerrado Gold Inc. (CVE:CERT) Hampers Share Price
Aug 13A Piece Of The Puzzle Missing From Cerrado Gold Inc.'s (CVE:CERT) 37% Share Price Climb
Apr 05Cerrado Gold Inc. (CVE:CERT) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Apr 19Cerrado Gold's (CVE:CERT) Returns On Capital Are Heading Higher
Mar 10We Like These Underlying Return On Capital Trends At Cerrado Gold (CVE:CERT)
Aug 08Cerrado Gold's (CVE:CERT) Solid Profits Have Weak Fundamentals
Jun 07Financial Position Analysis
Short Term Liabilities: CERT's short term assets ($117.6M) do not cover its short term liabilities ($130.5M).
Long Term Liabilities: CERT's short term assets ($117.6M) exceed its long term liabilities ($59.1M).
Debt to Equity History and Analysis
Debt Level: CERT's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: CERT's debt to equity ratio has increased from 7.1% to 68.3% over the past 5 years.
Debt Coverage: CERT's debt is well covered by operating cash flow (30.5%).
Interest Coverage: Insufficient data to determine if CERT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/27 10:12 |
| End of Day Share Price | 2025/05/27 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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
Cerrado Gold Inc. is covered by 3 analysts. 1 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 |
|---|---|
| Kerry Smith | Haywood Securities Inc. |
| Taylor Combaluzier | Red Cloud Securities |
| Timothy Lee | Red Cloud Securities |