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Eldorado GoldEGO -2.45%85 Cash Ratio is 0.62 as of Jun. 2026, which is 70% below its 10-year median of 2.04. GuruFocus rates EGO with a GF Score™ of 85/100 and a GF Value™ of $28.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,571 Metals & Mining companies, Eldorado Gold ranks worse than 67.99% on this metric.
Eldorado Gold has a Cash Ratio of 0.62. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Eldorado Gold's Cash Ratio or its related term are showing as below:
EGO'
s Cash Ratio Range Over the Past 10 Years
Min: 0.62 Med: 2.04 Max: 10.11
Current: 0.62
During the past 13 years, Eldorado Gold's highest Cash Ratio was 10.11. The lowest was 0.62. And the median was 2.04.
EGO's Cash Ratio is ranked worse than 67.99% of 2571
companies
in the Metals & Mining industry
Industry Median: 1.84
vs EGO: 0.62
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Eldorado Gold Cash Ratio Related Terms
Eldorado Gold Cash Ratio Historical Data
* Premium members only.
The historical data trend for Eldorado Gold's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Eldorado Gold's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Eldorado Gold Cash Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Eldorado Gold's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Eldorado Gold (EGO) has a Cash Ratio of 0.62 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Eldorado Gold and its competitors. This is 70% below median its historical median of 2.04. Over the past decade, Eldorado Gold's Cash Ratio has ranged from 0.62 to 10.11. According to the industry distribution chart, Eldorado Gold ranks #1748 out of 2571 companies in the Metals & Mining industry, placing it in the top 68%.
Is Eldorado Gold's Cash Ratio too high?
Eldorado Gold's current Cash Ratio of 0.62 is 70% below median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 10.11. The Metals & Mining industry median Cash Ratio is 1.84. Eldorado Gold's value of 0.62 is 66.3% below this industry median. Based on the distribution chart, Eldorado Gold ranks #1748 out of 2571 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Eldorado Gold has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Cash Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #1748 out of 2571 companies for Cash Ratio. This places Eldorado Gold in the lower half of its industry. The industry median Cash Ratio is 1.84. Eldorado Gold's value of 0.62 is 66.3% below this benchmark. Historically, Eldorado Gold's own Cash Ratio has ranged from 0.62 to 10.11 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.84, Eldorado Gold has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Metals & Mining company?
The median Cash Ratio among Metals & Mining companies is 1.84, based on 2,571 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eldorado Gold's current Cash Ratio of 0.62 is 66.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Eldorado Gold and its competitors. For the Metals & Mining industry, the median Cash Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eldorado Gold's current Cash Ratio is 0.62, which is 70% below median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (EGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.97, compared to a current price of $46.96 — trading 62.1% above its estimated fair value. The current Cash Ratio is 0.62, which is 70% below median its 10-year median of 2.04 and 66.3% below the Metals & Mining industry median of 1.84. Eldorado Gold's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Eldorado Gold (EGO), the current Cash Ratio is 0.62 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eldorado Gold (EGO) Overvalued in 2026?
Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued.
The current stock price of $46.96 is trading 62.1% above its estimated GF Value™ of $28.97.
GuruFocus considers Eldorado Gold to be Significantly Overvalued.
Key valuation signals for EGO:
Cash Ratio: 0.62 (70% below median its 10-year median of 2.04)
GF Value™: $28.97 vs. price of $46.96 (62.1% above fair value)
Industry Position: 66.3% below the Metals & Mining median (#1748 of 2571)
No single metric tells the full story. See the EGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
85GF Score
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