Chaarat Gold Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Chaarat Gold Holdings has a total shareholder equity of $44.9M and total debt of $37.6M, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are $85.5M and $40.6M respectively.
Key information
83.6%
Debt to equity ratio
US$37.56m
Debt
Interest coverage ratio | n/a |
Cash | US$1.69m |
Equity | US$44.91m |
Total liabilities | US$40.59m |
Total assets | US$85.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9IS's short term assets ($1.9M) do not cover its short term liabilities ($40.6M).
Long Term Liabilities: 9IS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 9IS's net debt to equity ratio (79.9%) is considered high.
Reducing Debt: 9IS's debt to equity ratio has reduced from 111.9% to 83.6% 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: Whilst unprofitable 9IS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9IS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.8% per year.