Austral Gold Balance Sheet Health
Financial Health criteria checks 2/6
Austral Gold has a total shareholder equity of $23.4M and total debt of $18.3M, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are $78.8M and $55.4M respectively.
Key information
78.3%
Debt to equity ratio
US$18.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.58m |
| Equity | US$23.41m |
| Total liabilities | US$55.44m |
| Total assets | US$78.85m |
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) Stock Catapults 40% Though Its Price And Business Still Lag The Industry
Oct 10Why Investors Shouldn't Be Surprised By Austral Gold Limited's (ASX:AGD) 27% Share Price Plunge
Jul 03Austral 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 ($15.4M) do not cover its short term liabilities ($38.4M).
Long Term Liabilities: AGD's short term assets ($15.4M) do not cover its long term liabilities ($17.1M).
Debt to Equity History and Analysis
Debt Level: AGD's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: AGD's debt to equity ratio has increased from 21.4% to 78.3% 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 sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AGD is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 19:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Austral Gold Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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