Torex Gold Resources Balance Sheet Health
Financial Health criteria checks 6/6
Torex Gold Resources has a total shareholder equity of $1.5B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.8B and $340.7M respectively. Torex Gold Resources's EBIT is $217.4M making its interest coverage ratio -18.4. It has cash and short-term investments of $172.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -18.4x |
Cash | US$172.80m |
Equity | US$1.50b |
Total liabilities | US$340.70m |
Total assets | US$1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0VL5's short term assets ($405.5M) exceed its short term liabilities ($281.7M).
Long Term Liabilities: 0VL5's short term assets ($405.5M) exceed its long term liabilities ($59.0M).
Debt to Equity History and Analysis
Debt Level: 0VL5 is debt free.
Reducing Debt: 0VL5 has no debt compared to 5 years ago when its debt to equity ratio was 43.9%.
Debt Coverage: 0VL5 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0VL5 has no debt, therefore coverage of interest payments is not a concern.