AngloGold Ashanti Balance Sheet Health
Financial Health criteria checks 5/6
AngloGold Ashanti has a total shareholder equity of $4.2B and total debt of $2.1B, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are $8.8B and $4.6B respectively. AngloGold Ashanti's EBIT is $1.4B making its interest coverage ratio -107.1. It has cash and short-term investments of $1.2B.
Key information
51.4%
Debt to equity ratio
US$2.15b
Debt
| Interest coverage ratio | -107.1x |
| Cash | US$1.23b |
| Equity | US$4.17b |
| Total liabilities | US$4.63b |
| Total assets | US$8.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HT3's short term assets ($2.4B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: HT3's short term assets ($2.4B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: HT3's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: HT3's debt to equity ratio has reduced from 74.9% to 51.4% over the past 5 years.
Debt Coverage: HT3's debt is well covered by operating cash flow (78.4%).
Interest Coverage: HT3 earns more interest than it pays, so coverage of interest payments is not a concern.