Golden State Mining Balance Sheet Health
Financial Health criteria checks 4/6
Golden State Mining 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$1.9M and A$428.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.89m |
| Equity | AU$1.51m |
| Total liabilities | AU$428.36k |
| Total assets | AU$1.94m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GSM's short term assets (A$1.9M) exceed its short term liabilities (A$428.4K).
Long Term Liabilities: GSM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GSM is debt free.
Reducing Debt: GSM has not had any debt for 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: GSM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GSM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.4% each year