Savannah Goldfields Balance Sheet Health
Financial Health criteria checks 2/6
Savannah Goldfields has a total shareholder equity of A$8.2M and total debt of A$22.8M, which brings its debt-to-equity ratio to 277.5%. Its total assets and total liabilities are A$45.4M and A$37.2M respectively.
Key information
277.5%
Debt to equity ratio
AU$22.83m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.97k |
| Equity | AU$8.23m |
| Total liabilities | AU$37.18m |
| Total assets | AU$45.41m |
Recent financial health updates
Recent updates
The Market Doesn't Like What It Sees From Savannah Goldfields Limited's (ASX:SVG) Revenues Yet
May 03
Laneway Resources (ASX:LNY) Is Making Moderate Use Of Debt
Oct 29Here’s What’s Happening With Returns At Laneway Resources (ASX:LNY)
Feb 08
Will Weakness in Laneway Resources Limited's (ASX:LNY) Stock Prove Temporary Given Strong Fundamentals?
Jan 18Bradley Gordon Is The Non-Executive Director of Laneway Resources Limited (ASX:LNY) And Just Spent AU$225k On Shares
Dec 27Are Laneway Resources's (ASX:LNY) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 06Financial Position Analysis
Short Term Liabilities: SVG's short term assets (A$2.3M) do not cover its short term liabilities (A$19.2M).
Long Term Liabilities: SVG's short term assets (A$2.3M) do not cover its long term liabilities (A$18.0M).
Debt to Equity History and Analysis
Debt Level: SVG's net debt to equity ratio (277.4%) is considered high.
Reducing Debt: SVG's debt to equity ratio has increased from 22.2% to 277.5% 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: SVG has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SVG is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.