Dacian Gold Balance Sheet Health

Financial Health criteria checks 4/6

Dacian Gold has a total shareholder equity of A$60.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$115.0M and A$54.6M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$25.38m
EquityAU$60.42m
Total liabilitiesAU$54.57m
Total assetsAU$114.99m

Recent financial health updates

Recent updates

Is Dacian Gold (ASX:DCN) Weighed On By Its Debt Load?

Apr 09
Is Dacian Gold (ASX:DCN) Weighed On By Its Debt Load?

Health Check: How Prudently Does Dacian Gold (ASX:DCN) Use Debt?

Jun 11
Health Check: How Prudently Does Dacian Gold (ASX:DCN) Use Debt?

Is Dacian Gold (ASX:DCN) Using Too Much Debt?

Feb 26
Is Dacian Gold (ASX:DCN) Using Too Much Debt?

What Type Of Returns Would Dacian Gold's(ASX:DCN) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 12
What Type Of Returns Would Dacian Gold's(ASX:DCN) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Leigh Junk Is The MD, CEO & Director of Dacian Gold Limited (ASX:DCN) And They Just Picked Up 104% More Shares

Dec 08
Leigh Junk Is The MD, CEO & Director of Dacian Gold Limited (ASX:DCN) And They Just Picked Up 104% More Shares

Financial Position Analysis

Short Term Liabilities: DCN's short term assets (A$26.8M) exceed its short term liabilities (A$10.2M).

Long Term Liabilities: DCN's short term assets (A$26.8M) do not cover its long term liabilities (A$44.4M).


Debt to Equity History and Analysis

Debt Level: DCN is debt free.

Reducing Debt: DCN has no debt compared to 5 years ago when its debt to equity ratio was 111.8%.


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: DCN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: DCN has less than a year of cash runway if free cash flow continues to grow at historical rates of 45.6% each year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/21 17:34
End of Day Share Price 2023/11/09 00:00
Earnings2023/06/30
Annual Earnings2023/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Dacian Gold Limited is covered by 10 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David CoatesBell Potter
Reg SpencerCanaccord Genuity
James WilsonCGS International