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 ration/a
CashUS$956.29k
EquityUS$29.62m
Total liabilitiesUS$16.39m
Total assetsUS$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


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