Patagonia Gold Balance Sheet Health
Financial Health criteria checks 1/6
Patagonia Gold has a total shareholder equity of $4.8M and total debt of $38.3M, which brings its debt-to-equity ratio to 795.6%. Its total assets and total liabilities are $48.4M and $43.6M respectively.
Key information
795.6%
Debt to equity ratio
US$38.29m
Debt
Interest coverage ratio | n/a |
Cash | US$22.00k |
Equity | US$4.81m |
Total liabilities | US$43.60m |
Total assets | US$48.41m |
Financial Position Analysis
Short Term Liabilities: PGDC's short term assets ($4.2M) exceed its short term liabilities ($3.7M).
Long Term Liabilities: PGDC's short term assets ($4.2M) do not cover its long term liabilities ($39.9M).
Debt to Equity History and Analysis
Debt Level: PGDC's net debt to equity ratio (795.2%) is considered high.
Reducing Debt: PGDC's debt to equity ratio has increased from 134.2% to 795.6% 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 13.5% each year.