Golden Cross Resources Balance Sheet Health
Financial Health criteria checks 0/6
Golden Cross Resources has a total shareholder equity of A$5.3M and total debt of A$7.5M, which brings its debt-to-equity ratio to 141.8%. Its total assets and total liabilities are A$13.1M and A$7.8M respectively.
Key information
141.8%
Debt to equity ratio
AU$7.52m
Debt
Interest coverage ratio | n/a |
Cash | AU$3.00k |
Equity | AU$5.31m |
Total liabilities | AU$7.76m |
Total assets | AU$13.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCR's short term assets (A$140.0K) do not cover its short term liabilities (A$242.0K).
Long Term Liabilities: GCR's short term assets (A$140.0K) do not cover its long term liabilities (A$7.5M).
Debt to Equity History and Analysis
Debt Level: GCR's net debt to equity ratio (141.7%) is considered high.
Reducing Debt: GCR's debt to equity ratio has increased from 30.9% to 141.8% 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: GCR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GCR has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.8% each year.