Iceni Gold Balance Sheet Health
Financial Health criteria checks 5/6
Iceni Gold has a total shareholder equity of A$25.5M and total debt of A$535.2K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are A$26.6M and A$1.1M respectively.
Key information
2.1%
Debt to equity ratio
AU$535.25k
Debt
Interest coverage ratio | n/a |
Cash | AU$1.22m |
Equity | AU$25.51m |
Total liabilities | AU$1.12m |
Total assets | AU$26.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICL's short term assets (A$1.6M) exceed its short term liabilities (A$925.1K).
Long Term Liabilities: ICL's short term assets (A$1.6M) exceed its long term liabilities (A$199.7K).
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 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ICL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.