Avidian Gold Balance Sheet Health
Financial Health criteria checks 1/6
Avidian Gold has a total shareholder equity of $260.6K and total debt of $179.6K, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are $1.2M and $902.7K respectively.
Key information
68.9%
Debt to equity ratio
US$179.63k
Debt
Interest coverage ratio | n/a |
Cash | US$59.27k |
Equity | US$260.57k |
Total liabilities | US$902.66k |
Total assets | US$1.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVG's short term assets ($77.3K) do not cover its short term liabilities ($723.0K).
Long Term Liabilities: AVG's short term assets ($77.3K) do not cover its long term liabilities ($179.6K).
Debt to Equity History and Analysis
Debt Level: AVG's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: AVG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 9.6% each year.