AngloGold Ashanti Balance Sheet Health
Financial Health criteria checks 3/6
AngloGold Ashanti has a total shareholder equity of $3.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are $8.2B and $4.4B respectively. AngloGold Ashanti's EBIT is $568.0M making its interest coverage ratio 142. It has cash and short-term investments of $964.0M.
Key information
60.1%
Debt to equity ratio
US$2.25b
Debt
| Interest coverage ratio | 142x |
| Cash | US$964.00m |
| Equity | US$3.74b |
| Total liabilities | US$4.44b |
| Total assets | US$8.18b |
Recent financial health updates
No updates
Recent updates
Calculating The Intrinsic Value Of AngloGold Ashanti plc (NYSE:AU)
Feb 29
AngloGold Ashanti: Could Outperform Its Rivals With Bullish Gold
Feb 15AngloGold Ashanti: Tracking Above FY2023 Cost Guidance
Nov 28Risks To Shareholder Returns Are Elevated At These Prices For AngloGold Ashanti plc (NYSE:AU)
Nov 08AngloGold Ashanti: Good Growth Prospect
Oct 22Financial Position Analysis
Short Term Liabilities: AU's short term assets ($2.2B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: AU's short term assets ($2.2B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: AU's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: AU's debt to equity ratio has reduced from 74% to 60.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if AU has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.