Golconda Gold Balance Sheet Health
Financial Health criteria checks 2/6
Golconda Gold has a total shareholder equity of $31.3M and total debt of $4.5M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are $42.4M and $11.1M respectively.
Key information
14.5%
Debt to equity ratio
US$4.55m
Debt
Interest coverage ratio | n/a |
Cash | US$113.21k |
Equity | US$31.26m |
Total liabilities | US$11.11m |
Total assets | US$42.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y87's short term assets ($1.2M) do not cover its short term liabilities ($9.0M).
Long Term Liabilities: Y87's short term assets ($1.2M) do not cover its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: Y87's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: Y87's debt to equity ratio has reduced from 96.6% to 14.5% 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: Y87 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Y87 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.1% each year