What is Centerra Gold's earnings per share (EPS)?

Centerra Gold (CGAU) reported diluted earnings per share of $-0.38 for fiscal year 2023. This represents a -22.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Centerra Gold Financials

CGAU

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2023 Currency USD FYE December

This page shows Centerra Gold (CGAU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CGAU FY2023 2026-04-22

Cash flow recovered faster than earnings, showing working-capital normalization and a still-conservative balance sheet drive the latest picture.

FY2023 produced $160M of free cash flow despite a -$81M net loss, so the income statement understated how much cash the business actually released. That matters because operating cash flow rebounded to $246M while capital spending stayed broadly similar, which points to an operating and working-capital recovery rather than a cash boost created by cutting investment.

Liquidity looks stronger than recent profitability suggests: cash of $613M against long-term debt of $18M means losses were not financed with much leverage. Current assets still cover short-term obligations comfortably, so near-term funding pressure appears lower than the negative net income figure implies.

Inventory and other operating balances were less of a drag in FY2023, with inventory ending at $257M after a heavier FY2022 buildup; that helps explain why cash improved before earnings did. Book value keeps slipping even as revenue recovered, so the business is stabilizing cash generation first and has not yet rebuilt accounting returns.

Financial Health Signals

Financial Profile 45/100

Based on FY2023 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Centerra Gold's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Centerra Gold's revenue surged 28.8% year-over-year to $1.1B, reflecting rapid business expansion. This strong growth earns a score of 50/100.

Leverage

100

Centerra Gold carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Centerra Gold's current ratio of 3.25 indicates adequate short-term liquidity, earning a score of 63/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Centerra Gold has a free cash flow margin of 14.6%, earning a moderate score of 54/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Centerra Gold generates a -4.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -4.3% the prior year.

Piotroski F-Score Neutral

4/9

Centerra Gold passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-3.02x

For every $1 of reported earnings, Centerra Gold generates $-3.02 in operating cash flow ($245.6M OCF vs -$81.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.1B

YoY+28.8%

Centerra Gold generated $1.1B in revenue in fiscal year 2023. This represents an increase of 28.8% from the prior year.

EBITDA

N/A

Net Income

-$81.3M

YoY-5.3%

Centerra Gold reported -$81.3M in net income in fiscal year 2023. This represents a decrease of 5.3% from the prior year.

EPS (Diluted)

$-0.38

YoY-22.6%

Centerra Gold earned $-0.38 per diluted share (EPS) in fiscal year 2023. This represents a decrease of 22.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$160.3M

YoY+293.3%

Centerra Gold generated $160.3M in free cash flow in fiscal year 2023, representing cash available after capex. This represents an increase of 293.3% from the prior year.

Cash & Debt

$612.9M

YoY+15.2%

Centerra Gold held $612.9M in cash against $18.1M in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

215M

YoY-1.3%

Centerra Gold had 215M shares outstanding in fiscal year 2023. This represents a decrease of 1.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-7.4%

YoY+1.7pp

Centerra Gold's net profit margin was -7.4% in fiscal year 2023, showing the share of revenue converted to profit. This is up 1.7 percentage points from the prior year.

Return on Equity

-4.9%

YoY-0.6pp

Centerra Gold's ROE was -4.9% in fiscal year 2023, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$85.3M

YoY+5.4%

Centerra Gold invested $85.3M in capex in fiscal year 2023, funding long-term assets and infrastructure. This represents an increase of 5.4% from the prior year.

CGAU Income Statement

Metric	FY23	FY22	FY21	FY20
Revenue	$1.1B+28.8%	$850.2M-5.5%	$900.1M+24.8%	$721.3M
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A
Interest Expense	$657K-3.2%	$679K-5.0%	$715K-22.4%	$921K
Income Tax	$94.9M+189.6%	$32.8M+174.5%	-$44.0M-671.0%	$7.7M
Net Income	-$81.3M-5.3%	-$77.2M+79.8%	-$381.8M-193.4%	$408.5M
EPS (Diluted)	$-0.38-22.6%	$-0.31-120.9%	$1.48+2860.0%	$0.05

Metric	Q4'23	Q4'22	Q4'21	Q4'20
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A

CGAU Balance Sheet

Metric	FY23	FY22	FY21	FY20
Total Assets	$2.3B-2.4%	$2.3B-12.7%	$2.7B-14.7%	$3.1B
Current Assets	$966.0M-2.5%	$990.7M-22.1%	$1.3B-7.4%	$1.4B
Cash & Equivalents	$612.9M+15.2%	$531.9M-43.8%	$947.2M+73.7%	$545.2M
Inventory	$257.3M-18.8%	$316.8M+43.2%	$221.2M-61.9%	$580.6M
Accounts Receivable	$70.8M-23.2%	$92.2M+19.9%	$76.8M+16.2%	$66.1M
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$606.5M+15.4%	$525.6M-17.0%	$633.0M-5.5%	$670.0M
Current Liabilities	$297.4M+8.2%	$274.9M+20.9%	$227.4M-11.8%	$257.8M
Long-Term Debt	$18.1M+107.4%	$8.7M-37.9%	$14.1M-2.0%	$14.3M
Total Equity	$1.7B-7.5%	$1.8B-11.4%	$2.0B-17.1%	$2.5B
Retained Earnings	$771.4M-14.1%	$897.6M-12.2%	$1.0B-29.5%	$1.4B

Metric	Q4'23	Q4'22	Q4'21	Q4'20
Total Assets	$2.3B-2.4%	$2.3B-12.7%	$2.7B-14.7%	$3.1B
Current Assets	$966.0M-2.5%	$990.7M-22.1%	$1.3B-7.4%	$1.4B
Cash & Equivalents	$612.9M+15.2%	$531.9M-43.8%	$947.2M+73.7%	$545.2M
Inventory	$257.3M-18.8%	$316.8M+43.2%	$221.2M-61.9%	$580.6M
Accounts Receivable	$70.8M-23.2%	$92.2M+19.9%	$76.8M+16.2%	$66.1M
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$606.5M+15.4%	$525.6M-17.0%	$633.0M-5.5%	$670.0M
Current Liabilities	$297.4M+8.2%	$274.9M+20.9%	$227.4M-11.8%	$257.8M
Long-Term Debt	$18.1M+107.4%	$8.7M-37.9%	$14.1M-2.0%	$14.3M
Total Equity	$1.7B-7.5%	$1.8B-11.4%	$2.0B-17.1%	$2.5B
Retained Earnings	$771.4M-14.1%	$897.6M-12.2%	$1.0B-29.5%	$1.4B

CGAU Cash Flow Statement

Metric	FY23	FY22	FY21	FY20
Operating Cash Flow	$245.6M+12503.9%	-$2.0M-100.5%	$414.8M-55.4%	$930.0M
Capital Expenditures	$85.3M+5.4%	$80.9M-12.5%	$92.5M-10.7%	$103.6M
Free Cash Flow	$160.3M+293.3%	-$82.9M-125.7%	$322.3M-61.0%	$826.5M
Investing Cash Flow	-$90.3M+64.7%	-$255.6M-801.8%	$36.4M+112.0%	-$303.4M
Financing Cash Flow	-$74.3M+52.9%	-$157.7M-220.9%	-$49.1M+60.4%	-$124.0M
Dividends Paid	$44.9M-5.8%	$47.7M+5.8%	$45.0M+13.3%	$39.8M
Share Buybacks	N/A	N/A	N/A	N/A

Metric	Q4'23	Q4'22	Q4'21	Q4'20
Operating Cash Flow	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

CGAU Financial Ratios

Metric	Q4'23	Q4'22	Q4'21	Q4'20
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A
Current Ratio	3.25-0.4	3.60-2.0	5.59+0.3	5.32
Debt-to-Equity	0.010.0	0.000.0	0.010.0	0.01
FCF Margin	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Centerra Gold's annual revenue?

Centerra Gold (CGAU) reported $1.1B in total revenue for fiscal year 2023. This represents a 28.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Centerra Gold's revenue growing?

Centerra Gold (CGAU) revenue grew by 28.8% year-over-year, from $850.2M to $1.1B in fiscal year 2023.

Is Centerra Gold profitable?

No, Centerra Gold (CGAU) reported a net income of -$81.3M in fiscal year 2023, with a net profit margin of -7.4%.

How much debt does Centerra Gold have?

As of fiscal year 2023, Centerra Gold (CGAU) had $612.9M in cash and equivalents against $18.1M in long-term debt.

What is Centerra Gold's net profit margin?

Centerra Gold (CGAU) had a net profit margin of -7.4% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is Centerra Gold's return on equity (ROE)?

Centerra Gold (CGAU) has a return on equity of -4.9% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

What is Centerra Gold's free cash flow?

Centerra Gold (CGAU) generated $160.3M in free cash flow during fiscal year 2023. This represents a 293.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Centerra Gold's operating cash flow?

Centerra Gold (CGAU) generated $245.6M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Centerra Gold's total assets?

Centerra Gold (CGAU) had $2.3B in total assets as of fiscal year 2023, including both current and long-term assets.

What are Centerra Gold's capital expenditures?

Centerra Gold (CGAU) invested $85.3M in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

How many shares does Centerra Gold have outstanding?

Centerra Gold (CGAU) had 215M shares outstanding as of fiscal year 2023.

What is Centerra Gold's current ratio?

Centerra Gold (CGAU) had a current ratio of 3.25 as of fiscal year 2023, which is generally considered healthy.

What is Centerra Gold's debt-to-equity ratio?

Centerra Gold (CGAU) had a debt-to-equity ratio of 0.01 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Centerra Gold's return on assets (ROA)?

Centerra Gold (CGAU) had a return on assets of -3.6% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

What is Centerra Gold's Piotroski F-Score?

Centerra Gold (CGAU) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Centerra Gold's earnings high quality?

Centerra Gold (CGAU) has an earnings quality ratio of -3.02x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Centerra Gold?

Centerra Gold (CGAU) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.