Golden Deeps Balance Sheet Health
Financial Health criteria checks 6/6
Golden Deeps has a total shareholder equity of A$11.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.6M and A$308.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.00m |
| Equity | AU$11.25m |
| Total liabilities | AU$308.91k |
| Total assets | AU$11.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GED's short term assets (A$4.1M) exceed its short term liabilities (A$308.9K).
Long Term Liabilities: GED has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GED is debt free.
Reducing Debt: GED has no debt compared to 5 years ago when its debt to equity ratio was 4.1%.
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: GED has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GED has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 5.1% each year.