Hamelin Gold Balance Sheet Health
Financial Health criteria checks 6/6
Hamelin Gold has a total shareholder equity of A$23.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$23.8M and A$489.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.91m |
| Equity | AU$23.26m |
| Total liabilities | AU$489.13k |
| Total assets | AU$23.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMG's short term assets (A$5.0M) exceed its short term liabilities (A$489.1K).
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 1.1 years if free cash flow continues to reduce at historical rates of 38.3% each year.