Southern Cross Gold Balance Sheet Health
Financial Health criteria checks 6/6
Southern Cross Gold has a total shareholder equity of A$29.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$30.9M and A$1.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.95m |
| Equity | AU$29.50m |
| Total liabilities | AU$1.43m |
| Total assets | AU$30.93m |
Financial Position Analysis
Short Term Liabilities: SXG's short term assets (A$8.2M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: SXG's short term assets (A$8.2M) exceed its long term liabilities (A$172.8K).
Debt to Equity History and Analysis
Debt Level: SXG is debt free.
Reducing Debt: SXG 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: SXG has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SXG is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.