Australian Gold and Copper Balance Sheet Health
Financial Health criteria checks 6/6
Australian Gold and Copper has a total shareholder equity of A$30.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$30.6M and A$205.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.24m |
| Equity | AU$30.38m |
| Total liabilities | AU$205.77k |
| Total assets | AU$30.59m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AGC's short term assets (A$14.4M) exceed its short term liabilities (A$205.8K).
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 18.3% each year