Augusta Gold Balance Sheet Health
Financial Health criteria checks 0/6
Augusta Gold has a total shareholder equity of $30.5M and total debt of $25.4M, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are $61.5M and $31.0M respectively.
Key information
83.2%
Debt to equity ratio
US$25.39m
Debt
Interest coverage ratio | n/a |
Cash | US$307.76k |
Equity | US$30.52m |
Total liabilities | US$31.00m |
Total assets | US$61.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G's short term assets ($363.8K) do not cover its short term liabilities ($27.6M).
Long Term Liabilities: G's short term assets ($363.8K) do not cover its long term liabilities ($3.4M).
Debt to Equity History and Analysis
Debt Level: G's net debt to equity ratio (82.2%) is considered high.
Reducing Debt: G's debt to equity ratio has increased from 0% to 83.2% over the past 5 years.
Debt Coverage: G's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if G's interest payments on its debt are well covered by EBIT.