Ausgold Balance Sheet Health
Financial Health criteria checks 5/6
Ausgold has a total shareholder equity of A$84.1M and total debt of A$2.1M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are A$89.4M and A$5.3M respectively.
Key information
2.5%
Debt to equity ratio
AU$2.06m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.00m |
| Equity | AU$84.12m |
| Total liabilities | AU$5.32m |
| Total assets | AU$89.44m |
Recent financial health updates
We're Keeping An Eye On Ausgold's (ASX:AUC) Cash Burn Rate
Feb 20
Companies Like Ausgold (ASX:AUC) Could Be Quite Risky
Sep 14Here's Why We're Watching Ausgold's (ASX:AUC) Cash Burn Situation
May 26Is Ausgold (ASX:AUC) In A Good Position To Invest In Growth?
Jan 06Is Ausgold (ASX:AUC) In A Good Position To Deliver On Growth Plans?
Sep 20Is Ausgold (ASX:AUC) In A Good Position To Deliver On Growth Plans?
Jan 30Recent updates
We're Keeping An Eye On Ausgold's (ASX:AUC) Cash Burn Rate
Feb 20Companies Like Ausgold (ASX:AUC) Could Be Quite Risky
Sep 14Here's Why We're Watching Ausgold's (ASX:AUC) Cash Burn Situation
May 26Is Ausgold (ASX:AUC) In A Good Position To Invest In Growth?
Jan 06Is Ausgold (ASX:AUC) In A Good Position To Deliver On Growth Plans?
Sep 20Is Ausgold (ASX:AUC) In A Good Position To Deliver On Growth Plans?
Jan 30Here's Why Ausgold (ASX:AUC) Must Use Its Cash Wisely
Oct 01How Much Does Ausgold's (ASX:AUC) CEO Make?
Jan 14
Financial Position Analysis
Short Term Liabilities: AUC's short term assets (A$5.4M) exceed its short term liabilities (A$3.7M).
Long Term Liabilities: AUC's short term assets (A$5.4M) exceed its long term liabilities (A$1.7M).
Debt to Equity History and Analysis
Debt Level: AUC has more cash than its total debt.
Reducing Debt: AUC's debt to equity ratio has increased from 0% to 2.5% 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: AUC has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AUC is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.