Gold Mountain Balance Sheet Health
Financial Health criteria checks 6/6
Gold Mountain has a total shareholder equity of A$15.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.8M and A$133.5K respectively. Gold Mountain's EBIT is A$4.5M making its interest coverage ratio -244.7. It has cash and short-term investments of A$753.9K.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -244.7x |
Cash | AU$753.93k |
Equity | AU$15.62m |
Total liabilities | AU$133.47k |
Total assets | AU$15.76m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GMN's short term assets (A$779.2K) exceed its short term liabilities (A$133.5K).
Long Term Liabilities: GMN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GMN is debt free.
Reducing Debt: GMN has no debt compared to 5 years ago when its debt to equity ratio was 1.9%.
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: GMN has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GMN is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.