KGL Resources Balance Sheet Health
Financial Health criteria checks 6/6
KGL Resources has a total shareholder equity of A$121.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$124.2M and A$3.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.33m |
| Equity | AU$121.21m |
| Total liabilities | AU$3.00m |
| Total assets | AU$124.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KGL's short term assets (A$7.5M) exceed its short term liabilities (A$3.0M).
Long Term Liabilities: KGL's short term assets (A$7.5M) exceed its long term liabilities (A$24.4K).
Debt to Equity History and Analysis
Debt Level: KGL is debt free.
Reducing Debt: KGL has not had any debt for 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: KGL has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KGL is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.