Lundin Gold Balance Sheet Health
Financial Health criteria checks 6/6
Lundin Gold has a total shareholder equity of $1.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.4B and $218.6M respectively. Lundin Gold's EBIT is $507.6M making its interest coverage ratio -128.1. It has cash and short-term investments of $225.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -128.1x |
| Cash | US$225.73m |
| Equity | US$1.15b |
| Total liabilities | US$218.63m |
| Total assets | US$1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LUG's short term assets ($484.1M) exceed its short term liabilities ($126.7M).
Long Term Liabilities: LUG's short term assets ($484.1M) exceed its long term liabilities ($92.0M).
Debt to Equity History and Analysis
Debt Level: LUG is debt free.
Reducing Debt: LUG has no debt compared to 5 years ago when its debt to equity ratio was 148.4%.
Debt Coverage: LUG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LUG has no debt, therefore coverage of interest payments is not a concern.