Marygold Companies Balance Sheet Health
Financial Health criteria checks 5/6
Marygold Companies has a total shareholder equity of $29.0M and total debt of $234.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $34.9M and $5.9M respectively.
Key information
0.8%
Debt to equity ratio
US$234.00k
Debt
Interest coverage ratio | n/a |
Cash | US$18.59m |
Equity | US$29.04m |
Total liabilities | US$5.90m |
Total assets | US$34.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TF8's short term assets ($26.3M) exceed its short term liabilities ($5.0M).
Long Term Liabilities: TF8's short term assets ($26.3M) exceed its long term liabilities ($906.0K).
Debt to Equity History and Analysis
Debt Level: TF8 has more cash than its total debt.
Reducing Debt: TF8's debt to equity ratio has reduced from 4.1% to 0.8% over the past 5 years.
Debt Coverage: TF8's debt is well covered by operating cash flow (117.7%).
Interest Coverage: Insufficient data to determine if TF8's interest payments on its debt are well covered by EBIT.