Allied Gold Balance Sheet Health
Financial Health criteria checks 4/6
Allied Gold has a total shareholder equity of $381.0M and total debt of $103.5M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are $956.3M and $575.3M respectively. Allied Gold's EBIT is $16.0M making its interest coverage ratio 1.9. It has cash and short-term investments of $158.6M.
Key information
27.2%
Debt to equity ratio
US$103.46m
Debt
Interest coverage ratio | 1.9x |
Cash | US$158.64m |
Equity | US$381.03m |
Total liabilities | US$575.25m |
Total assets | US$956.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AAUC's short term assets ($292.3M) exceed its short term liabilities ($249.6M).
Long Term Liabilities: AAUC's short term assets ($292.3M) do not cover its long term liabilities ($325.6M).
Debt to Equity History and Analysis
Debt Level: AAUC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AAUC'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: AAUC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AAUC has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 74.8% each year.