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Shanta Gold Balance Sheet Health
Financial Health criteria checks 6/6
Shanta Gold has a total shareholder equity of $164.5M and total debt of $29.3M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are $261.8M and $97.2M respectively. Shanta Gold's EBIT is $29.0M making its interest coverage ratio 10.2. It has cash and short-term investments of $14.9M.
Key information
17.8%
Debt to equity ratio
US$29.27m
Debt
| Interest coverage ratio | 10.2x |
| Cash | US$14.89m |
| Equity | US$164.55m |
| Total liabilities | US$97.23m |
| Total assets | US$261.78m |
Recent financial health updates
Is Shanta Gold (LON:SHG) Using Debt In A Risky Way?
Oct 25
We Think Shanta Gold (LON:SHG) Is Taking Some Risk With Its Debt
May 11Shanta Gold (LON:SHG) Seems To Use Debt Rather Sparingly
Dec 07Recent updates
Shanta Gold Limited (LON:SHG) Yearly Results: Here's What Analysts Are Forecasting For This Year
Apr 01Is Shanta Gold (LON:SHG) Using Debt In A Risky Way?
Oct 25We Think Shanta Gold (LON:SHG) Is Taking Some Risk With Its Debt
May 11Shanta Gold (LON:SHG) Seems To Use Debt Rather Sparingly
Dec 07Need To Know: The Consensus Just Cut Its Shanta Gold Limited (LON:SHG) Estimates For 2021
Jul 20Here's Why Shareholders May Want To Be Cautious With Increasing Shanta Gold Limited's (LON:SHG) CEO Pay Packet
Mar 18We Think That There Are Issues Underlying Shanta Gold's (LON:SHG) Earnings
Mar 08Calculating The Intrinsic Value Of Shanta Gold Limited (LON:SHG)
Dec 01Financial Position Analysis
Short Term Liabilities: SHG's short term assets ($67.8M) exceed its short term liabilities ($50.9M).
Long Term Liabilities: SHG's short term assets ($67.8M) exceed its long term liabilities ($46.4M).
Debt to Equity History and Analysis
Debt Level: SHG's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: SHG's debt to equity ratio has reduced from 50.2% to 17.8% over the past 5 years.
Debt Coverage: SHG's debt is well covered by operating cash flow (98.9%).
Interest Coverage: SHG's interest payments on its debt are well covered by EBIT (10.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/14 04:05 |
| End of Day Share Price | 2024/05/10 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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 here.
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 .
Analyst Sources
Shanta Gold Limited is covered by 9 analysts. 0 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 |
|---|---|
| Charles Fitzroy | Arden Partners Plc. |
| Martin Potts | Cavendish |
| Jonathan Guy | Numis Securities Ltd. |