Ora Gold Balance Sheet Health
Financial Health criteria checks 6/6
Ora Gold has a total shareholder equity of A$5.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.1M and A$2.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.30m |
Equity | AU$4.97m |
Total liabilities | AU$2.14m |
Total assets | AU$7.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TJ3's short term assets (A$2.5M) exceed its short term liabilities (A$2.0M).
Long Term Liabilities: TJ3's short term assets (A$2.5M) exceed its long term liabilities (A$110.9K).
Debt to Equity History and Analysis
Debt Level: TJ3 is debt free.
Reducing Debt: TJ3 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: TJ3 has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TJ3 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.