Great Northern Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Great Northern Minerals has a total shareholder equity of A$1.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.8M and A$2.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$275.66k |
Equity | AU$1.50m |
Total liabilities | AU$2.34m |
Total assets | AU$3.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GNM's short term assets (A$444.0K) exceed its short term liabilities (A$119.0K).
Long Term Liabilities: GNM's short term assets (A$444.0K) do not cover its long term liabilities (A$2.2M).
Debt to Equity History and Analysis
Debt Level: GNM is debt free.
Reducing Debt: GNM had no debt 5 years ago.
Debt Coverage: GNM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GNM has no debt, therefore coverage of interest payments is not a concern.