Barrick Gold Financial Health

How is Barrick Gold's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GOLD's short term assets ($8.2B) exceed its short term liabilities ($2.2B).

Long Term Liabilities: GOLD's short term assets ($8.2B) do not cover its long term liabilities ($11.9B).


Debt to Equity History and Analysis

Debt Level: GOLD has more cash than its total debt.

Reducing Debt: GOLD's debt to equity ratio has reduced from 54.9% to 15.6% over the past 5 years.

Debt Coverage: GOLD's debt is well covered by operating cash flow (81%).

Interest Coverage: GOLD's interest payments on its debt are well covered by EBIT (13.1x coverage).


Balance Sheet


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