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 $1.9B and $379.7M respectively. Torex Gold Resources's EBIT is $213.2M making its interest coverage ratio -18.1. It has cash and short-term investments of $113.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -18.1x |
Cash | US$113.20m |
Equity | US$1.54b |
Total liabilities | US$379.70m |
Total assets | US$1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXG1 N's short term assets ($351.7M) exceed its short term liabilities ($328.1M).
Long Term Liabilities: TXG1 N's short term assets ($351.7M) exceed its long term liabilities ($51.6M).
Debt to Equity History and Analysis
Debt Level: TXG1 N is debt free.
Reducing Debt: TXG1 N has no debt compared to 5 years ago when its debt to equity ratio was 39.6%.
Debt Coverage: TXG1 N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TXG1 N has no debt, therefore coverage of interest payments is not a concern.