KGL Resources Balance Sheet Health
Financial Health criteria checks 4/6
KGL Resources has a total shareholder equity of A$122.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$124.1M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.66m |
| Equity | AU$122.77m |
| Total liabilities | AU$1.33m |
| Total assets | AU$124.10m |
Recent financial health updates
Companies Like KGL Resources (ASX:KGL) Are In A Position To Invest In Growth
Feb 29
We Think KGL Resources (ASX:KGL) Needs To Drive Business Growth Carefully
Nov 06We're A Little Worried About KGL Resources' (ASX:KGL) Cash Burn Rate
Mar 13Is KGL Resources (ASX:KGL) In A Good Position To Deliver On Growth Plans?
Aug 29Here's Why We're Watching KGL Resources' (ASX:KGL) Cash Burn Situation
Apr 28We're Interested To See How KGL Resources (ASX:KGL) Uses Its Cash Hoard To Grow
Oct 08Recent updates
Companies Like KGL Resources (ASX:KGL) Are In A Position To Invest In Growth
Feb 29We Think KGL Resources (ASX:KGL) Needs To Drive Business Growth Carefully
Nov 06We're A Little Worried About KGL Resources' (ASX:KGL) Cash Burn Rate
Mar 13Is KGL Resources (ASX:KGL) In A Good Position To Deliver On Growth Plans?
Aug 29Here's Why We're Watching KGL Resources' (ASX:KGL) Cash Burn Situation
Apr 28We're Interested To See How KGL Resources (ASX:KGL) Uses Its Cash Hoard To Grow
Oct 08We're Not Very Worried About KGL Resources' (ASX:KGL) Cash Burn Rate
Mar 25Is KGL Resources Limited (ASX:KGL) Popular Amongst Insiders?
Feb 14Who Has Been Buying KGL Resources Limited (ASX:KGL) Shares?
Dec 22
Financial Position Analysis
Short Term Liabilities: KGL's short term assets (A$14.7M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: KGL's short term assets (A$14.7M) exceed its long term liabilities (A$84.1K).
Debt to Equity History and Analysis
Debt Level: KGL is debt free.
Reducing Debt: KGL 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: KGL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KGL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.8% each year