Galileo Mining Balance Sheet Health
Financial Health criteria checks 6/6
Galileo Mining has a total shareholder equity of A$47.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$48.3M and A$871.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.62m |
| Equity | AU$47.40m |
| Total liabilities | AU$871.22k |
| Total assets | AU$48.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAL's short term assets (A$13.7M) exceed its short term liabilities (A$787.4K).
Long Term Liabilities: GAL's short term assets (A$13.7M) exceed its long term liabilities (A$83.8K).
Debt to Equity History and Analysis
Debt Level: GAL is debt free.
Reducing Debt: GAL had no debt 5 years ago.
Debt Coverage: GAL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GAL has no debt, therefore coverage of interest payments is not a concern.