Avidian Gold Balance Sheet Health
Financial Health criteria checks 3/6
Avidian Gold has a total shareholder equity of $228.0K and total debt of $74.9K, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are $1.1M and $886.0K respectively.
Key information
32.8%
Debt to equity ratio
US$74.85k
Debt
| Interest coverage ratio | n/a |
| Cash | US$73.37k |
| Equity | US$227.98k |
| Total liabilities | US$886.00k |
| Total assets | US$1.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVG's short term assets ($87.0K) do not cover its short term liabilities ($886.0K).
Long Term Liabilities: AVG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AVG's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: AVG's debt to equity ratio has reduced from 60.9% to 32.8% 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: AVG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AVG has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.7% each year.