Fortitude Gold Balance Sheet Health
Financial Health criteria checks 6/6
Fortitude Gold has a total shareholder equity of $120.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $135.0M and $14.5M respectively. Fortitude Gold's EBIT is $19.0M making its interest coverage ratio -9.6. It has cash and short-term investments of $48.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -9.6x |
Cash | US$48.68m |
Equity | US$120.55m |
Total liabilities | US$14.45m |
Total assets | US$135.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTCO's short term assets ($75.3M) exceed its short term liabilities ($8.0M).
Long Term Liabilities: FTCO's short term assets ($75.3M) exceed its long term liabilities ($6.5M).
Debt to Equity History and Analysis
Debt Level: FTCO is debt free.
Reducing Debt: FTCO has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.
Debt Coverage: FTCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FTCO has no debt, therefore coverage of interest payments is not a concern.