Golden Energy and Resources Balance Sheet Health
Financial Health criteria checks 5/6
Golden Energy and Resources has a total shareholder equity of $2.0B and total debt of $1.1B, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are $4.9B and $2.9B respectively. Golden Energy and Resources's EBIT is $1.7B making its interest coverage ratio 14.3. It has cash and short-term investments of $1.0B.
Key information
54.2%
Debt to equity ratio
US$1.07b
Debt
| Interest coverage ratio | 14.3x |
| Cash | US$1.05b |
| Equity | US$1.98b |
| Total liabilities | US$2.92b |
| Total assets | US$4.90b |
Recent financial health updates
Here's Why Golden Energy and Resources (SGX:AUE) Can Manage Its Debt Responsibly
Aug 27
Does Golden Energy and Resources (SGX:AUE) Have A Healthy Balance Sheet?
Dec 13We Think Golden Energy and Resources (SGX:AUE) Can Stay On Top Of Its Debt
Dec 13Golden Energy and Resources (SGX:AUE) Has A Somewhat Strained Balance Sheet
Mar 29We Think Golden Energy and Resources (SGX:AUE) Can Stay On Top Of Its Debt
Dec 22Recent updates
Golden Energy and Resources (SGX:AUE) Is Aiming To Keep Up Its Impressive Returns
Oct 20Here's Why Golden Energy and Resources (SGX:AUE) Can Manage Its Debt Responsibly
Aug 27Why The 43% Return On Capital At Golden Energy and Resources (SGX:AUE) Should Have Your Attention
Mar 02Does Golden Energy and Resources (SGX:AUE) Have A Healthy Balance Sheet?
Dec 13We Think Golden Energy and Resources (SGX:AUE) Can Stay On Top Of Its Debt
Dec 13Returns At Golden Energy and Resources (SGX:AUE) Are On The Way Up
Oct 20Golden Energy and Resources (SGX:AUE) Has A Somewhat Strained Balance Sheet
Mar 29What We Make Of Golden Energy and Resources' (SGX:AUE) Returns On Capital
Feb 22Golden Energy and Resources'(SGX:AUE) Share Price Is Down 59% Over The Past Three Years.
Jan 18
We Think Golden Energy and Resources (SGX:AUE) Can Stay On Top Of Its Debt
Dec 22Are Golden Energy and Resources's (SGX:AUE) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 01Financial Position Analysis
Short Term Liabilities: AUE's short term assets ($1.8B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: AUE's short term assets ($1.8B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: AUE's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: AUE's debt to equity ratio has increased from 21.4% to 54.2% over the past 5 years.
Debt Coverage: AUE's debt is well covered by operating cash flow (161.5%).
Interest Coverage: AUE's interest payments on its debt are well covered by EBIT (14.3x coverage).