AngloGold Ashanti Balance Sheet Health
Financial Health criteria checks 5/6
AngloGold Ashanti has a total shareholder equity of $3.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are $8.2B and $4.4B respectively. AngloGold Ashanti's EBIT is $280.0M making its interest coverage ratio 9.3. It has cash and short-term investments of $964.0M.
Key information
60.1%
Debt to equity ratio
US$2.25b
Debt
Interest coverage ratio | 9.3x |
Cash | US$964.00m |
Equity | US$3.74b |
Total liabilities | US$4.44b |
Total assets | US$8.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANG's short term assets ($2.2B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: ANG's short term assets ($2.2B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: ANG's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: ANG's debt to equity ratio has reduced from 74% to 60.1% over the past 5 years.
Debt Coverage: ANG's debt is well covered by operating cash flow (43.2%).
Interest Coverage: ANG's interest payments on its debt are well covered by EBIT (9.3x coverage).