Gold Resource Balance Sheet Health
Financial Health criteria checks 5/6
Gold Resource has a total shareholder equity of $67.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $162.7M and $95.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.34m |
| Equity | US$67.02m |
| Total liabilities | US$95.71m |
| Total assets | US$162.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GORO's short term assets ($26.6M) exceed its short term liabilities ($12.3M).
Long Term Liabilities: GORO's short term assets ($26.6M) do not cover its long term liabilities ($83.4M).
Debt to Equity History and Analysis
Debt Level: GORO is debt free.
Reducing Debt: GORO has no debt compared to 5 years ago when its debt to equity ratio was 1.4%.
Debt Coverage: GORO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GORO has no debt, therefore coverage of interest payments is not a concern.