Golden Cross Resources Balance Sheet Health
Financial Health criteria checks 0/6
Golden Cross Resources has a total shareholder equity of A$4.7M and total debt of A$8.0M, which brings its debt-to-equity ratio to 167.7%. Its total assets and total liabilities are A$13.1M and A$8.4M respectively.
Key information
167.7%
Debt to equity ratio
AU$7.97m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$18.00k |
| Equity | AU$4.75m |
| Total liabilities | AU$8.39m |
| Total assets | AU$13.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCR's short term assets (A$51.0K) do not cover its short term liabilities (A$2.5M).
Long Term Liabilities: GCR's short term assets (A$51.0K) do not cover its long term liabilities (A$5.9M).
Debt to Equity History and Analysis
Debt Level: GCR's net debt to equity ratio (167.3%) is considered high.
Reducing Debt: GCR's debt to equity ratio has increased from 36.4% to 167.7% 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: GCR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GCR has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.4% each year.