Gateway Mining Balance Sheet Health
Financial Health criteria checks 4/6
Gateway Mining has a total shareholder equity of A$25.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$27.8M and A$1.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.93m |
| Equity | AU$25.91m |
| Total liabilities | AU$1.87m |
| Total assets | AU$27.78m |
Financial Position Analysis
Short Term Liabilities: GML's short term assets (A$2.0M) exceed its short term liabilities (A$505.3K).
Long Term Liabilities: GML's short term assets (A$2.0M) exceed its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: GML is debt free.
Reducing Debt: GML had no debt 5 years ago.
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: GML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.8% each year