Mako Gold Balance Sheet Health
Financial Health criteria checks 4/6
Mako Gold has a total shareholder equity of A$35.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$36.1M and A$618.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.88m |
| Equity | AU$35.52m |
| Total liabilities | AU$618.32k |
| Total assets | AU$36.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKG's short term assets (A$2.0M) exceed its short term liabilities (A$518.2K).
Long Term Liabilities: MKG's short term assets (A$2.0M) exceed its long term liabilities (A$100.1K).
Debt to Equity History and Analysis
Debt Level: MKG is debt free.
Reducing Debt: MKG had no debt 5 years ago.
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: MKG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MKG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.6% each year