Mako Gold Balance Sheet Health

Financial Health criteria checks 4/6

Mako Gold has a total shareholder equity of A$35.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$36.1M and A$618.3K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$1.88m
EquityAU$35.52m
Total liabilitiesAU$618.32k
Total assetsAU$36.14m

Recent financial health updates

Recent updates

Is Mako Gold (ASX:MKG) In A Good Position To Deliver On Growth Plans?

Aug 12
Is Mako Gold (ASX:MKG) In A Good Position To Deliver On Growth Plans?

Is Mako Gold (ASX:MKG) In A Good Position To Invest In Growth?

Apr 29
Is Mako Gold (ASX:MKG) In A Good Position To Invest In Growth?

We're A Little Worried About Mako Gold's (ASX:MKG) Cash Burn Rate

Dec 03
We're A Little Worried About Mako Gold's (ASX:MKG) Cash Burn Rate

Companies Like Mako Gold (ASX:MKG) Are In A Position To Invest In Growth

Aug 18
Companies Like Mako Gold (ASX:MKG) Are In A Position To Invest In Growth

Companies Like Mako Gold (ASX:MKG) Are In A Position To Invest In Growth

Mar 18
Companies Like Mako Gold (ASX:MKG) Are In A Position To Invest In Growth

Financial Position Analysis

Short Term Liabilities: MKG's short term assets (A$2.0M) exceed its short term liabilities (A$518.2K).

Long Term Liabilities: MKG's short term assets (A$2.0M) exceed its long term liabilities (A$100.1K).


Debt to Equity History and Analysis

Debt Level: MKG is debt free.

Reducing Debt: MKG had no debt 5 years ago.


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: MKG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MKG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.6% each year


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