Hamelin Gold Balance Sheet Health
Financial Health criteria checks 6/6
Hamelin Gold has a total shareholder equity of A$24.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$24.3M and A$336.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$5.19m |
Equity | AU$23.99m |
Total liabilities | AU$336.49k |
Total assets | AU$24.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMG's short term assets (A$5.4M) exceed its short term liabilities (A$336.5K).
Long Term Liabilities: HMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HMG is debt free.
Reducing Debt: HMG 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: HMG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HMG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 50.5% each year