Australian Gold and Copper Balance Sheet Health
Financial Health criteria checks 6/6
Australian Gold and Copper has a total shareholder equity of A$26.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$26.2M and A$148.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$11.57m |
Equity | AU$26.04m |
Total liabilities | AU$148.67k |
Total assets | AU$26.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGC's short term assets (A$11.6M) exceed its short term liabilities (A$148.7K).
Long Term Liabilities: AGC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AGC is debt free.
Reducing Debt: AGC has not had any debt for 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: AGC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AGC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 21.9% each year