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Eldorado Gold Corp  (NYSE: EGO)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Eldorado Gold's Working Capital Ratio

EGO's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 1.46 above company average Working Capital Ratio.

Within Metal Mining industry 57 other companies have achieved higher Working Capital Ratio than Eldorado Gold in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the Q4 2023 to 2878, from total ranking in the third quarter 2023 at 3166.

Explain Working Capital Ratio
How much Current Assetss EGO´s has?
What are EGO´s Current Liabilities?


EGO Working Capital 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 Current Assets Change 113.46 % 113.46 % 113.46 % 113.46 % -15.32 %
Working Capital Ratio MRQ 1.46 1.46 1.46 1.46 1.06
EGO's Total Ranking # 2878 # 3166 # 3307 # 3435 #
Seq. Current Liabilities Change 0 % 0 % 0 % 53.99 % 0 %
Seq. Current Assets Change 0 % 0 % 0 % 113.46 % 0 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Metal Mining Industry # 58
Basic Materials Sector # 242
Overall Market # 2817


Working Capital Ratio Statistics
High Average Low
1.46 1.13 0.86
(Dec 31 2023)   (Dec 31 2018)




Financial Statements
Eldorado Gold's Current Liabilities $ 636 Millions Visit EGO's Balance sheet
Eldorado Gold's Current Assets $ 930 Millions Visit EGO's Balance sheet
Source of EGO's Sales Visit EGO's Sales by Geography


Cumulative Eldorado Gold's Working Capital Ratio

EGO's Working Capital Ratio for the trailling 12 Months

EGO Working Capital 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 % 53.99 % 53.99 % 53.99 % -30.69 %
Y / Y Current Assets TTM Growth 113.46 % 113.46 % 113.46 % 113.46 % -15.32 %
Working Capital Ratio TTM 1.46 1.39 1.3 1.19 1.06
Total Ranking TTM # 4155 # 2806 # 2827 # 2834 #
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % 53.99 % 0 %
Seq. Current Assets TTM Growth 0 % 0 % 0 % 113.46 % 0 %


On the trailing twelve months basis EGO Current Assets more than doubled by 113.46 % in Q4 2023 year on year, faster than Current Liabilities, this led to increase in in Eldorado Gold's Working Capital Ratio to 1.46, above EGO average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 92 other companies have achieved higher Working Capital Ratio than Eldorado Gold. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 2806 to 4155.

Explain Working Capital Ratio
How much Current Assetss EGO´s has?
What are EGO´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 93
Basic Materials Sector # 326
Within the Market # 4155


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.46 1.09 0.86
(Dec 31 2023)   (Dec 31 2018)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Metal Mining Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Skeena Resources Limited  3.86 $ 74.687  Millions$ 19.330  Millions
Nouveau Monde Graphite Inc   3.58 $ 32.881  Millions$ 9.180  Millions
Silvercrest Metals Inc   3.45 $ 178.533  Millions$ 51.773  Millions
New Found Gold Corp   3.28 $ 47.780  Millions$ 14.560  Millions
Centerra Gold Inc   3.25 $ 966.027  Millions$ 297.437  Millions
Southern Copper Corp  3.19 $ 4,429.500  Millions$ 1,388.500  Millions
Scandium International Mining Corp   3.04 $ 1.062  Millions$ 0.349  Millions
Enertopia Corporation  2.90 $ 0.923  Millions$ 0.318  Millions
Gold Resource Corporation  2.62 $ 26.495  Millions$ 10.126  Millions
Idaho Strategic Resources Inc  2.60 $ 4.490  Millions$ 1.729  Millions
Freeport mcmoran Inc   2.42 $ 14,065.000  Millions$ 5,815.000  Millions
Seabridge Gold Inc   2.38 $ 71.966  Millions$ 30.187  Millions
Alamos Gold Inc   2.36 $ 586.000  Millions$ 247.900  Millions
Gatos Silver Inc   2.36 $ 78.686  Millions$ 33.357  Millions
Royal Gold Inc  2.31 $ 167.426  Millions$ 72.422  Millions
B2gold Corp   2.27 $ 710.729  Millions$ 313.471  Millions
Paramount Gold Nevada Corp   2.21 $ 9.384  Millions$ 4.251  Millions
Ferroglobe Plc  2.10 $ 1,036.961  Millions$ 494.002  Millions
Timberline Resources Corporation  2.02 $ 0.558  Millions$ 0.276  Millions
Mcewen Mining inc   1.92 $ 52.661  Millions$ 27.364  Millions
Osisko Development Corp   1.92 $ 67.472  Millions$ 35.068  Millions
Cleveland cliffs Inc   1.89 $ 6,636.000  Millions$ 3,508.000  Millions
Pan American Silver Corp   1.88 $ 1,390.000  Millions$ 738.600  Millions
Lithium Corporation  1.81 $ 4.023  Millions$ 2.226  Millions
Avino Silver and Gold Mines Ltd   1.70 $ 23.535  Millions$ 13.808  Millions
Sibanye Stillwater Limited  1.70 $ 61,822.000  Millions$ 36,407.000  Millions
Orla Mining Ltd   1.64 $ 145.175  Millions$ 88.350  Millions
Barrick Gold Corp  1.58 $ 7,438.000  Millions$ 4,715.000  Millions
Golden Minerals Co  1.54 $ 8.714  Millions$ 5.673  Millions
Westwater Resources inc   1.52 $ 11.614  Millions$ 7.653  Millions

Date modified: 2024-03-29T13:04:39+00:00



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