Pacgold Balance Sheet Health
Financial Health criteria checks 6/6
Pacgold has a total shareholder equity of A$18.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$19.2M and A$1.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.99m |
| Equity | AU$18.10m |
| Total liabilities | AU$1.14m |
| Total assets | AU$19.24m |
Financial Position Analysis
Short Term Liabilities: PGO's short term assets (A$2.0M) exceed its short term liabilities (A$354.3K).
Long Term Liabilities: PGO's short term assets (A$2.0M) exceed its long term liabilities (A$781.1K).
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 sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PGO is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.