Kula Gold Balance Sheet Health
Financial Health criteria checks 6/6
Kula Gold has a total shareholder equity of A$1.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.1M and A$460.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$393.38k |
Equity | AU$1.61m |
Total liabilities | AU$460.08k |
Total assets | AU$2.07m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KGD's short term assets (A$515.9K) exceed its short term liabilities (A$426.5K).
Long Term Liabilities: KGD's short term assets (A$515.9K) exceed its long term liabilities (A$33.6K).
Debt to Equity History and Analysis
Debt Level: KGD is debt free.
Reducing Debt: KGD has no debt compared to 5 years ago when its debt to equity ratio was 14.5%.
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: KGD has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KGD is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.