Gold Road Resources Balance Sheet Health
Financial Health criteria checks 6/6
Gold Road Resources has a total shareholder equity of A$942.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.2B and A$235.8M respectively. Gold Road Resources's EBIT is A$168.3M making its interest coverage ratio 92.9. It has cash and short-term investments of A$143.8M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 92.9x |
Cash | AU$143.85m |
Equity | AU$942.45m |
Total liabilities | AU$235.81m |
Total assets | AU$1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELKM.F's short term assets (A$195.2M) exceed its short term liabilities (A$85.1M).
Long Term Liabilities: ELKM.F's short term assets (A$195.2M) exceed its long term liabilities (A$150.7M).
Debt to Equity History and Analysis
Debt Level: ELKM.F is debt free.
Reducing Debt: ELKM.F has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
Debt Coverage: ELKM.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ELKM.F has no debt, therefore coverage of interest payments is not a concern.