Marvel Gold Balance Sheet Health
Financial Health criteria checks 4/6
Marvel Gold has a total shareholder equity of A$6.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.0M and A$112.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.34m |
Equity | AU$6.87m |
Total liabilities | AU$112.88k |
Total assets | AU$6.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MVL's short term assets (A$1.4M) exceed its short term liabilities (A$112.9K).
Long Term Liabilities: MVL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MVL is debt free.
Reducing Debt: MVL has no debt compared to 5 years ago when its debt to equity ratio was 129.4%.
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: MVL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MVL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.4% each year