Siren Gold Balance Sheet Health
Financial Health criteria checks 3/6
Siren Gold has a total shareholder equity of A$19.7M and total debt of A$19.7K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are A$20.3M and A$542.2K respectively.
Key information
0.1%
Debt to equity ratio
AU$19.74k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.23m |
| Equity | AU$19.73m |
| Total liabilities | AU$542.19k |
| Total assets | AU$20.27m |
Financial Position Analysis
Short Term Liabilities: SNG's short term assets (A$19.2M) exceed its short term liabilities (A$538.0K).
Long Term Liabilities: SNG's short term assets (A$19.2M) exceed its long term liabilities (A$4.1K).
Debt to Equity History and Analysis
Debt Level: SNG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SNG's debt to equity ratio has reduced 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: SNG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SNG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.8% each year