Adelong Gold Balance Sheet Health
Financial Health criteria checks 3/6
Adelong Gold has a total shareholder equity of A$6.1M and total debt of A$250.0K, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are A$6.5M and A$420.7K respectively.
Key information
4.1%
Debt to equity ratio
AU$250.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.15m |
| Equity | AU$6.07m |
| Total liabilities | AU$420.68k |
| Total assets | AU$6.49m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ADG's short term assets (A$2.7M) exceed its short term liabilities (A$420.7K).
Long Term Liabilities: ADG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ADG has more cash than its total debt.
Reducing Debt: ADG's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ADG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ADG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.9% each year