|
|
|
|
Eldorado Gold Corp (NYSE: EGO) |
|
|
|
| |
Eldorado Gold's Quick Ratio
EGO's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 0.87 above company average Quick Ratio.
Within Metal Mining industry 39 other companies have achieved higher Quick Ratio than Eldorado Gold in forth quarter 2023. While Quick Ratio total ranking has improved so far during the Q4 2023 to 1312, from total ranking in the third quarter 2023 at 1427.
Explain Quick Ratio?
How much Cash & cash equivalents EGO´s has?
What are EGO´s Current Liabilities?
|
Select the Comparisons :
|
|
Select the Ratio:
|
|
| EGO Quick Ratio |
(Dec 31 2023)
Q4 |
0
Q3 |
0
Q2 |
0
Q1 |
(Dec 31 2019)
Q4 |
| Y / Y Current Liabilities Change |
53.99 % |
53.99 % |
53.99 % |
53.99 % |
-30.69 % |
| Y / Y Cash & cash equivalent Change |
202.94 % |
202.94 % |
202.94 % |
202.94 % |
-36.43 % |
| Quick Ratio MRQ |
0.87 |
0.87 |
0.87 |
0.87 |
0.44 |
| EGO's Total
Ranking |
# 1312 |
# 1427 |
# 1445 |
# 1499 |
# |
| Seq. Current Liabilities Change |
0 % |
0 % |
0 % |
53.99 % |
0 % |
| Seq. Cash & cash equivalent Change |
0 % |
0 % |
0 % |
202.94 % |
0 % |
| Quick Ratio forth quarter 2023 Company Ranking |
| Within: |
No. |
| Metal Mining Industry |
# 40 |
| Basic Materials Sector |
# 94 |
| Overall Market |
# 1312 |
| Quick Ratio Statistics |
| High |
Average |
Low |
| 0.87 |
0.6 |
0.44 |
| (Dec 31 2023) |
|
(Dec 31 2019) |
Cumulative Eldorado Gold's Quick Ratio
EGO's Quick Ratio for the trailling 12 Months
EGO Quick Ratio |
(Dec 31 2023)
12 Months |
0
12 Months |
0
12 Months |
0
12 Months |
(Dec 31 2019)
12 Months |
| Y / Y Current Liabilities TTM Growth |
53.99 % |
26.49 % |
3.97 % |
-14.8 % |
-30.69 % |
| Y / Y Cash & cash equivalent TTM Growth |
202.94 % |
120.59 % |
56.59 % |
5.42 % |
-36.43 % |
| Quick Ratio TTM |
0.87 |
0.79 |
0.7 |
0.59 |
0.44 |
| Total Ranking TTM |
# 3959
| # 2987
| # 3325
| # 3327
| #
|
| Seq. Current Liabilities TTM Growth |
9.61 % |
10.63 % |
11.89 % |
13.5 % |
-9.97 % |
| Seq. Cash & cash equivalent TTM Growth |
20.12 % |
25.18 % |
33.66 % |
50.73 % |
-12.53 % |
News about Eldorado Gold Corp Quick Ratio |
|
VANCOUVER, British Columbia - Eldorado Gold Corporation (Eldorado) has recently made a significant announcement regarding the extension and increase of its senior secured credit facility. The Canadian mining company has entered into an agreement with a syndicate of lenders to strengthen its financial position and support its ongoing operations and growth initiatives.
The decision to extend and increase the credit facility comes as a strategic move by Eldorado to optimize its capital structure and enhance its liquidity position. This development reflects the confidence of the lenders in Eldorado s ability to deliver strong results and generate sustainable cash flows.
|
On the trailing twelve months basis EGO Cash & cash equivalent more than doubled by 202.94 % in Q4 2023 year on year, faster than Current Liabilities, this led to increase in in Eldorado Gold's Quick Ratio to 0.87, above EGO average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Metal Mining industry 87 other companies have achieved higher Quick Ratio than Eldorado Gold. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 2987 to 3959.
Explain Quick Ratio?
How much Cash & cash equivalents EGO´s has?
What are EGO´s Current Liabilities?
| TTM Quick Ratio Company Ranking |
| Within: |
No. |
| Within the Metal Mining Industry |
# 88 |
| Basic Materials Sector |
# 314 |
| Within the Market |
# 3959 |
| trailing twelve months Quick Ratio Statistics |
| High |
Average |
Low |
| 0.87 |
0.57 |
0.44 |
| (Dec 31 2023) |
|
(Dec 31 2019) |
| Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Metal Mining Industry | Quick Ratio | Dec 31 2023 MRQ Cash & cash equivalent | Dec 31 2023 MRQ Current Liabilities | | Seabridge Gold Inc | 2.09 | $ 63.148 Millions | $ 30.187 Millions | | Centerra Gold Inc | 2.06 | $ 612.941 Millions | $ 297.437 Millions | | Paramount Gold Nevada Corp | 2.02 | $ 8.573 Millions | $ 4.251 Millions | | Gatos Silver Inc | 1.66 | $ 55.484 Millions | $ 33.357 Millions | | Silvercrest Metals Inc | 1.66 | $ 85.964 Millions | $ 51.773 Millions | | Idaho Strategic Resources Inc | 1.49 | $ 2.572 Millions | $ 1.729 Millions | | Royal Gold Inc | 1.44 | $ 104.167 Millions | $ 72.422 Millions | | Westwater Resources inc | 1.42 | $ 10.852 Millions | $ 7.653 Millions | | Southern Copper Corp | 1.26 | $ 1,750.800 Millions | $ 1,388.500 Millions | | Orla Mining Ltd | 1.09 | $ 96.632 Millions | $ 88.350 Millions | | Metalla Royalty and Streaming Ltd | 1.08 | $ 14.107 Millions | $ 13.027 Millions | | Freeport mcmoran Inc | 1.03 | $ 5,966.000 Millions | $ 5,815.000 Millions | | B2gold Corp | 0.98 | $ 306.895 Millions | $ 313.471 Millions | | Osisko Development Corp | 0.95 | $ 33.287 Millions | $ 35.068 Millions | | Alamos Gold Inc | 0.91 | $ 224.800 Millions | $ 247.900 Millions | | Northern Dynasty Minerals Ltd | 0.90 | $ 13.941 Millions | $ 15.493 Millions | | Barrick Gold Corp | 0.88 | $ 4,148.000 Millions | $ 4,715.000 Millions | | Eldorado Gold Corp | 0.87 | $ 551.340 Millions | $ 636.059 Millions | | Mcewen Mining inc | 0.84 | $ 23.020 Millions | $ 27.364 Millions | | Sibanye Stillwater Limited | 0.70 | $ 25,560.000 Millions | $ 36,407.000 Millions | | Golden Minerals Company | 0.67 | $ 3.777 Millions | $ 5.673 Millions | | Pan American Silver Corp | 0.63 | $ 462.500 Millions | $ 738.600 Millions | | Gold Resource Corp | 0.62 | $ 6.254 Millions | $ 10.126 Millions | | First Majestic Silver Corp | 0.57 | $ 125.581 Millions | $ 218.980 Millions | | Aris Mining Corporation | 0.56 | $ 194.622 Millions | $ 350.240 Millions | | Emx Royalty Corporation | 0.55 | $ 20.677 Millions | $ 37.318 Millions | | Buenaventura Mining Co Inc | 0.53 | $ 234.940 Millions | $ 441.605 Millions | | Integra Resources Corp | 0.53 | $ 8.815 Millions | $ 16.671 Millions | | Newmont Corporation | 0.50 | $ 3,025.000 Millions | $ 5,998.000 Millions | | Anglogold Ashanti Plc | 0.47 | $ 964.000 Millions | $ 2,032.000 Millions |
|
Date modified: 2024-03-29T13:04:39+00:00
|
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Copyright © 2025 CSIMarket, Inc. All rights
reserved.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
