Golconda Gold Balance Sheet Health
Financial Health criteria checks 2/6
Golconda Gold has a total shareholder equity of $29.6M and total debt of $4.8M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are $46.0M and $16.4M respectively.
Key information
16.4%
Debt to equity ratio
US$4.84m
Debt
Interest coverage ratio | n/a |
Cash | US$956.29k |
Equity | US$29.62m |
Total liabilities | US$16.39m |
Total assets | US$46.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y87's short term assets ($3.1M) do not cover its short term liabilities ($9.4M).
Long Term Liabilities: Y87's short term assets ($3.1M) do not cover its long term liabilities ($6.9M).
Debt to Equity History and Analysis
Debt Level: Y87's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: Y87's debt to equity ratio has reduced from 137.5% to 16.4% 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 13.9% each year