Austral Gold Balance Sheet Health
Financial Health criteria checks 1/6
Austral Gold has a total shareholder equity of $41.6M and total debt of $16.7M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are $104.3M and $62.7M respectively.
Key information
40.2%
Debt to equity ratio
US$16.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.00m |
| Equity | US$41.57m |
| Total liabilities | US$62.71m |
| Total assets | US$104.28m |
Recent financial health updates
Austral Gold (ASX:AGD) Has Debt But No Earnings; Should You Worry?
Jun 22
Does Austral Gold (ASX:AGD) Have A Healthy Balance Sheet?
Mar 09Is Austral Gold (ASX:AGD) Using Debt In A Risky Way?
Aug 28Recent updates
Austral Gold Limited (ASX:AGD) Surges 38% Yet Its Low P/S Is No Reason For Excitement
Apr 17Austral Gold Limited's (ASX:AGD) Prospects Need A Boost To Lift Shares
Jan 03Austral Gold (ASX:AGD) Has Debt But No Earnings; Should You Worry?
Jun 22Does Austral Gold (ASX:AGD) Have A Healthy Balance Sheet?
Mar 09Is Austral Gold (ASX:AGD) Using Debt In A Risky Way?
Aug 28Financial Position Analysis
Short Term Liabilities: AGD's short term assets ($17.1M) do not cover its short term liabilities ($40.8M).
Long Term Liabilities: AGD's short term assets ($17.1M) do not cover its long term liabilities ($21.9M).
Debt to Equity History and Analysis
Debt Level: AGD's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: AGD's debt to equity ratio has increased from 17.8% to 40.2% 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: AGD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AGD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.8% each year