Pacgold Balance Sheet Health
Financial Health criteria checks 4/6
Pacgold has a total shareholder equity of A$18.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$19.6M and A$1.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.21m |
Equity | AU$18.47m |
Total liabilities | AU$1.16m |
Total assets | AU$19.63m |
Financial Position Analysis
Short Term Liabilities: PGO's short term assets (A$3.3M) exceed its short term liabilities (A$414.2K).
Long Term Liabilities: PGO's short term assets (A$3.3M) exceed its long term liabilities (A$746.2K).
Debt to Equity History and Analysis
Debt Level: PGO is debt free.
Reducing Debt: PGO 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: PGO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PGO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 50.2% each year