Golden Mile Resources Balance Sheet Health
Financial Health criteria checks 6/6
Golden Mile Resources has a total shareholder equity of A$6.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.4M and A$164.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.06m |
| Equity | AU$6.23m |
| Total liabilities | AU$164.60k |
| Total assets | AU$6.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G88's short term assets (A$1.1M) exceed its short term liabilities (A$164.6K).
Long Term Liabilities: G88 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: G88 is debt free.
Reducing Debt: G88 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: G88 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: G88 is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.