Gold Resource Balance Sheet Health
Financial Health criteria checks 5/6
Gold Resource has a total shareholder equity of $96.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $183.9M and $87.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$6.25m |
Equity | US$96.69m |
Total liabilities | US$87.19m |
Total assets | US$183.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIH's short term assets ($26.5M) exceed its short term liabilities ($11.3M).
Long Term Liabilities: GIH's short term assets ($26.5M) do not cover its long term liabilities ($75.9M).
Debt to Equity History and Analysis
Debt Level: GIH is debt free.
Reducing Debt: GIH has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
Debt Coverage: GIH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GIH has no debt, therefore coverage of interest payments is not a concern.