Austral Gold Balance Sheet Health
Financial Health criteria checks 2/6
Austral Gold has a total shareholder equity of $23.4M and total debt of $18.3M, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are $78.8M and $55.4M respectively.
Key information
78.3%
Debt to equity ratio
US$18.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.58m |
| Equity | US$23.41m |
| Total liabilities | US$55.44m |
| Total assets | US$78.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGD's short term assets ($15.4M) do not cover its short term liabilities ($38.4M).
Long Term Liabilities: AGD's short term assets ($15.4M) do not cover its long term liabilities ($17.1M).
Debt to Equity History and Analysis
Debt Level: AGD's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: AGD's debt to equity ratio has increased from 21.4% to 78.3% 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: AGD has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AGD is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.