Desert Gold Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Desert Gold Ventures has a total shareholder equity of $287.1K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $493.2K and $206.2K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$470.73k |
| Equity | US$287.09k |
| Total liabilities | US$206.16k |
| Total assets | US$493.25k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAU's short term assets ($492.3K) exceed its short term liabilities ($206.2K).
Long Term Liabilities: DAU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DAU is debt free.
Reducing Debt: DAU currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: DAU has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DAU is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.