Gold Resource (GORO) Debt Metrics
Market Cap: $51.55M
Avg Volume: 2.95M
Industry: Gold
Sector: Basic Materials
How much debt does Gold Resource have?
According to Gold Resource's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Gold Resource's total debt stands at $44.93M. This is broken down into:
- Long-term debt: $-
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-6.25M. In terms of overall financial obligations, Gold Resource's total liabilities amount to $87.19M.
Debt Ratios and Metrics
To better understand Gold Resource's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.46 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 24.43% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -8.12 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 31.73% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Gold Resource's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$44.93M
Long-term Debt
$-
Short-term Debt
$-
Net Debt
$-6.25M
Total Liabilities
$87.19M
Interest Coverage
-8.12
Debt to Equity Ratio
0.46
Debt Ratio
24.43%
Gold Resource Historical Debt Metrics
Gold Resource Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $44.93M | $- | $- | $-6.25M | $87.19M | 0.46 | 24.43% | -8.12 | 0.00% | 31.73% |
| 2022 | $43.47M | $- | $- | $19.79M | $92.41M | 0.39 | 21.29% | 6.30 | 0.00% | 28.00% |
| 2021 | $42.56M | $- | $- | $8.85M | $95.01M | 0.35 | 19.73% | 0.00 | 0.00% | 26.06% |
| 2020 | $13.00K | $- | $- | $-25.39M | $15.20M | 0.00 | 0.01% | 0.00 | 0.00% | 0.01% |
| 2019 | $9.99M | $782.00K | $879.00K | $-1.09M | $34.95M | 0.06 | 5.18% | 0.00 | 0.49% | 5.94% |
| 2018 | $3.39M | $2.21M | $1.18M | $-4.38M | $23.07M | 0.03 | 2.25% | 0.00 | 1.07% | 2.59% |
| 2017 | $3.81M | $2.86M | $950.00K | $-18.58M | $20.82M | 0.03 | 2.87% | 0.00 | 1.45% | 3.29% |
| 2016 | $- | $- | $- | $-14.17M | $11.38M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2015 | $842.00K | $- | $842.00K | $-11.98M | $17.72M | 0.01 | 0.79% | 148.49 | 0.00% | 0.94% |
| 2014 | $2.33M | $834.00K | $1.50M | $-25.21M | $21.59M | 0.03 | 2.09% | 196.20 | 0.00% | 2.52% |
Related Metrics
Explore detailed financial metrics and analysis for GORO.