Southern Cross Gold Balance Sheet Health
Financial Health criteria checks 5/6
Southern Cross Gold has a total shareholder equity of A$38.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$40.4M and A$1.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.36m |
| Equity | AU$38.77m |
| Total liabilities | AU$1.58m |
| Total assets | AU$40.35m |
Financial Position Analysis
Short Term Liabilities: SXG's short term assets (A$13.6M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: SXG's short term assets (A$13.6M) exceed its long term liabilities (A$124.5K).
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 more than a year based on its current free cash flow.
Forecast Cash Runway: SXG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.1% each year