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OceanaGold Balance Sheet Health
Financial Health criteria checks 5/6
Key information
12.6%
Debt to equity ratio
US$205.50m
Debt
Interest coverage ratio | 4.4x |
Cash | US$150.20m |
Equity | US$1.63b |
Total liabilities | US$624.70m |
Total assets | US$2.26b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OGDC.F's short term assets ($344.8M) exceed its short term liabilities ($193.7M).
Long Term Liabilities: OGDC.F's short term assets ($344.8M) do not cover its long term liabilities ($431.0M).
Debt to Equity History and Analysis
Debt Level: OGDC.F's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: OGDC.F's debt to equity ratio has reduced from 20.5% to 12.6% over the past 5 years.
Debt Coverage: OGDC.F's debt is well covered by operating cash flow (195.4%).
Interest Coverage: OGDC.F's interest payments on its debt are well covered by EBIT (4.4x coverage).