AngloGold Ashanti Balance Sheet Health
Financial Health criteria checks 5/6
AngloGold Ashanti has a total shareholder equity of $4.0B and total debt of $2.2B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are $8.4B and $4.4B respectively. AngloGold Ashanti's EBIT is $863.0M making its interest coverage ratio -43.2. It has cash and short-term investments of $998.0M.
Key information
53.8%
Debt to equity ratio
US$2.15b
Debt
| Interest coverage ratio | -43.2x |
| Cash | US$998.00m |
| Equity | US$4.00b |
| Total liabilities | US$4.37b |
| Total assets | US$8.37b |
Recent financial health updates
These 4 Measures Indicate That AngloGold Ashanti (NYSE:AU) Is Using Debt Reasonably Well
Sep 23
Here's Why AngloGold Ashanti (NYSE:AU) Has A Meaningful Debt Burden
May 21Recent updates
Investors Will Want AngloGold Ashanti's (NYSE:AU) Growth In ROCE To Persist
Oct 15These 4 Measures Indicate That AngloGold Ashanti (NYSE:AU) Is Using Debt Reasonably Well
Sep 23AngloGold Ashanti: Lower Share Price Could Fuel Gold Rally
Sep 06The Strong Earnings Posted By AngloGold Ashanti (NYSE:AU) Are A Good Indication Of The Strength Of The Business
Aug 15Revenues Not Telling The Story For AngloGold Ashanti plc (NYSE:AU)
Jun 17AngloGold Ashanti: The Outlook Is Absolutely Bright, But First A Dip
Jun 06Here's Why AngloGold Ashanti (NYSE:AU) Has A Meaningful Debt Burden
May 21Calculating The Intrinsic Value Of AngloGold Ashanti plc (NYSE:AU)
Feb 29AngloGold 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 (28.8%) is considered satisfactory.
Reducing Debt: AU's debt to equity ratio has reduced from 73.9% to 53.8% over the past 5 years.
Debt Coverage: AU's debt is well covered by operating cash flow (62.8%).
Interest Coverage: AU earns more interest than it pays, so coverage of interest payments is not a concern.