Patagonia Gold Balance Sheet Health
Financial Health criteria checks 1/6
Patagonia Gold has a total shareholder equity of $1.9M and total debt of $39.9M, which brings its debt-to-equity ratio to 2048.3%. Its total assets and total liabilities are $48.2M and $46.2M respectively.
Key information
2,048.3%
Debt to equity ratio
US$39.86m
Debt
| Interest coverage ratio | n/a |
| Cash | US$58.00k |
| Equity | US$1.95m |
| Total liabilities | US$46.24m |
| Total assets | US$48.18m |
Financial Position Analysis
Short Term Liabilities: PGDC's short term assets ($4.3M) exceed its short term liabilities ($4.0M).
Long Term Liabilities: PGDC's short term assets ($4.3M) do not cover its long term liabilities ($42.2M).
Debt to Equity History and Analysis
Debt Level: PGDC's net debt to equity ratio (2045.3%) is considered high.
Reducing Debt: PGDC's debt to equity ratio has increased from 119.1% to 2048.3% 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: PGDC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PGDC has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.5% each year.