Goldmoney Balance Sheet Health
Financial Health criteria checks 4/6
Goldmoney has a total shareholder equity of CA$173.8M and total debt of CA$42.1M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CA$218.1M and CA$44.4M respectively. Goldmoney's EBIT is CA$19.4M making its interest coverage ratio 69.9. It has cash and short-term investments of CA$14.9M.
Key information
24.2%
Debt to equity ratio
CA$42.06m
Debt
Interest coverage ratio | 69.9x |
Cash | CA$14.88m |
Equity | CA$173.76m |
Total liabilities | CA$44.37m |
Total assets | CA$218.13m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: XAU's short term assets (CA$18.9M) exceed its short term liabilities (CA$4.8M).
Long Term Liabilities: XAU's short term assets (CA$18.9M) do not cover its long term liabilities (CA$39.5M).
Debt to Equity History and Analysis
Debt Level: XAU's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: XAU's debt to equity ratio has increased from 0.8% to 24.2% over the past 5 years.
Debt Coverage: XAU's debt is well covered by operating cash flow (173.1%).
Interest Coverage: XAU's interest payments on its debt are well covered by EBIT (69.9x coverage).