Iceni Gold Balance Sheet Health

Financial Health criteria checks 4/6

Iceni Gold has a total shareholder equity of A$27.5M and total debt of A$247.1K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are A$28.3M and A$858.5K respectively.

Key information

0.9%

Debt to equity ratio

AU$247.12k

Debt

Interest coverage ration/a
CashAU$3.45m
EquityAU$27.46m
Total liabilitiesAU$858.45k
Total assetsAU$28.32m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ICL's short term assets (A$3.5M) exceed its short term liabilities (A$715.8K).

Long Term Liabilities: ICL's short term assets (A$3.5M) exceed its long term liabilities (A$142.6K).


Debt to Equity History and Analysis

Debt Level: ICL has more cash than its total debt.

Reducing Debt: Insufficient data to determine if ICL's debt to equity ratio has reduced 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: ICL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ICL has less than a year of cash runway if free cash flow continues to grow at historical rates of 26.5% each year.


Discover healthy companies