Shanta Gold Balance Sheet Health
Financial Health criteria checks 6/6
Shanta Gold has a total shareholder equity of $164.5M and total debt of $29.3M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are $261.8M and $97.2M respectively. Shanta Gold's EBIT is $29.0M making its interest coverage ratio 10.2. It has cash and short-term investments of $14.9M.
Key information
17.8%
Debt to equity ratio
US$29.27m
Debt
Interest coverage ratio | 10.2x |
Cash | US$14.89m |
Equity | US$164.55m |
Total liabilities | US$97.23m |
Total assets | US$261.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAAG.F's short term assets ($67.8M) exceed its short term liabilities ($50.9M).
Long Term Liabilities: SAAG.F's short term assets ($67.8M) exceed its long term liabilities ($46.4M).
Debt to Equity History and Analysis
Debt Level: SAAG.F's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: SAAG.F's debt to equity ratio has reduced from 50.2% to 17.8% over the past 5 years.
Debt Coverage: SAAG.F's debt is well covered by operating cash flow (98.9%).
Interest Coverage: SAAG.F's interest payments on its debt are well covered by EBIT (10.2x coverage).