OceanaGold Balance Sheet Health
Financial Health criteria checks 6/6
OceanaGold has a total shareholder equity of $1.9B and total debt of $86.8M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are $2.6B and $670.2M respectively. OceanaGold's EBIT is $170.8M making its interest coverage ratio 7.6. It has cash and short-term investments of $158.6M.
Key information
4.6%
Debt to equity ratio
US$86.80m
Debt
| Interest coverage ratio | 7.6x |
| Cash | US$158.60m |
| Equity | US$1.90b |
| Total liabilities | US$670.20m |
| Total assets | US$2.57b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RQQ's short term assets ($446.5M) exceed its short term liabilities ($323.9M).
Long Term Liabilities: RQQ's short term assets ($446.5M) exceed its long term liabilities ($346.3M).
Debt to Equity History and Analysis
Debt Level: RQQ has more cash than its total debt.
Reducing Debt: RQQ's debt to equity ratio has reduced from 9.7% to 4.6% over the past 5 years.
Debt Coverage: RQQ's debt is well covered by operating cash flow (509.9%).
Interest Coverage: RQQ's interest payments on its debt are well covered by EBIT (7.6x coverage).