Desert Gold Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Desert Gold Ventures has a total shareholder equity of $243.8K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $703.3K and $459.4K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$676.08k |
| Equity | US$243.82k |
| Total liabilities | US$459.44k |
| Total assets | US$703.26k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QXR2's short term assets ($703.3K) exceed its short term liabilities ($459.4K).
Long Term Liabilities: QXR2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QXR2 is debt free.
Reducing Debt: QXR2 had no debt 5 years ago.
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: QXR2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QXR2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.1% each year