Sihayo Gold Balance Sheet Health
Financial Health criteria checks 3/6
Sihayo Gold has a total shareholder equity of A$16.4M and total debt of A$3.4M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are A$26.9M and A$10.5M respectively.
Key information
20.5%
Debt to equity ratio
AU$3.36m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.36m |
Equity | AU$16.38m |
Total liabilities | AU$10.49m |
Total assets | AU$26.87m |
Financial Position Analysis
Short Term Liabilities: SIH's short term assets (A$1.5M) do not cover its short term liabilities (A$9.6M).
Long Term Liabilities: SIH's short term assets (A$1.5M) exceed its long term liabilities (A$930.8K).
Debt to Equity History and Analysis
Debt Level: SIH's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: SIH's debt to equity ratio has reduced from 33.5% to 20.5% over the 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: SIH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SIH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.1% each year