Eldorado Gold Balance Sheet Health
Financial Health criteria checks 4/6
Eldorado Gold has a total shareholder equity of $3.8B and total debt of $849.2M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are $5.6B and $1.8B respectively. Eldorado Gold's EBIT is $320.1M making its interest coverage ratio -42.2. It has cash and short-term investments of $677.8M.
Key information
22.6%
Debt to equity ratio
US$849.20m
Debt
| Interest coverage ratio | -42.2x |
| Cash | US$677.76m |
| Equity | US$3.76b |
| Total liabilities | US$1.80b |
| Total assets | US$5.57b |
Recent financial health updates
No updates
Recent updates
Eldorado Gold: Another Quarter Of Significant Margin Expansion
Nov 05Eldorado Gold: All Eyes On Skouries
Sep 06Eldorado Gold Corporation: What The Latest Investor Presentation Tells Us
Jun 16Eldorado Gold Stock: Room To Stay Bullish At A 7-Year High
Apr 30Eldorado Gold: Better Entries Ahead Of Strong Upside Potential
Feb 13Eldorado Gold: Massive Growth Potential
Nov 29Eldorado Gold Q3 Earnings: A Solid Quarter Overall
Nov 12Eldorado Gold: Margins Up Sharply, But Annual Output Below Plan
Oct 29Eldorado Gold: Strong Q4 Needed To Meet Guidance Midpoint
Oct 02Eldorado Gold: A Softer Q2 Than Expected
Jul 31Eldorado Gold: A Stronger H2 On Deck
Jul 24Eldorado Gold Non-GAAP EPS of $0.14 beats by $0.08, revenue of $246.2M beats by $2.67M
Feb 23Eldorado Gold: Too Far Too Fast
Jan 27Eldorado Gold prelim 2022 production falls below bottom end of forecast
Jan 16Eldorado Gold: A Much Better Year Ahead
Dec 11Eldorado Gold GAAP EPS of -$0.04 misses by $0.07, revenue of $217.71M misses by $10.58M
Oct 27Eldorado Gold: Weakening Gold Price Is Not Helping
Oct 20Eldorado Gold: Don't Miss The Forest For The Trees
Aug 18Eldorado Gold Non-GAAP EPS of $0.08 misses by $0.03, revenue of $213.4M misses by $30.54M
Jul 28Eldorado Gold: A Solid Q2 Performance
Jul 14Eldorado Gold: The Stock Is Now Attractive
May 18Eldorado Gold: A Tough Start To FY2022
Apr 14Financial Position Analysis
Short Term Liabilities: EGO's short term assets ($1.2B) exceed its short term liabilities ($350.7M).
Long Term Liabilities: EGO's short term assets ($1.2B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: EGO's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: EGO's debt to equity ratio has increased from 14.5% to 22.6% over the past 5 years.
Debt Coverage: EGO's debt is well covered by operating cash flow (64.6%).
Interest Coverage: EGO earns more interest than it pays, so coverage of interest payments is not a concern.