Barrick Gold Financial Health
How is Barrick Gold's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
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).