Iceni Gold Balance Sheet Health
Financial Health criteria checks 4/6
Iceni Gold has a total shareholder equity of A$27.5M and total debt of A$247.1K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are A$28.3M and A$858.5K respectively.
Key information
0.9%
Debt to equity ratio
AU$247.12k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.45m |
| Equity | AU$27.46m |
| Total liabilities | AU$858.45k |
| Total assets | AU$28.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICL's short term assets (A$3.5M) exceed its short term liabilities (A$715.8K).
Long Term Liabilities: ICL's short term assets (A$3.5M) exceed its long term liabilities (A$142.6K).
Debt to Equity History and Analysis
Debt Level: ICL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ICL's debt to equity ratio has reduced over the 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: ICL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ICL has less than a year of cash runway if free cash flow continues to grow at historical rates of 26.5% each year.