Gold Road Resources Balance Sheet Health
Financial Health criteria checks 5/6
Gold Road Resources has a total shareholder equity of A$951.4M 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$204.3M respectively. Gold Road Resources's EBIT is A$148.8M making its interest coverage ratio 95.4. It has cash and short-term investments of A$79.4M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 95.4x |
| Cash | AU$79.41m |
| Equity | AU$951.44m |
| Total liabilities | AU$204.34m |
| Total assets | AU$1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELKM.F's short term assets (A$135.7M) exceed its short term liabilities (A$60.0M).
Long Term Liabilities: ELKM.F's short term assets (A$135.7M) do not cover its long term liabilities (A$144.3M).
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 19.6%.
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.