Goldmoney Balance Sheet Health
Financial Health criteria checks 4/6
Goldmoney has a total shareholder equity of CA$149.0M and total debt of CA$38.8M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are CA$195.5M and CA$46.5M respectively. Goldmoney's EBIT is CA$23.6M making its interest coverage ratio 9.5. It has cash and short-term investments of CA$9.2M.
Key information
26.1%
Debt to equity ratio
CA$38.83m
Debt
| Interest coverage ratio | 9.5x |
| Cash | CA$9.19m |
| Equity | CA$149.03m |
| Total liabilities | CA$46.51m |
| Total assets | CA$195.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O5U's short term assets (CA$14.4M) exceed its short term liabilities (CA$10.4M).
Long Term Liabilities: O5U's short term assets (CA$14.4M) do not cover its long term liabilities (CA$36.1M).
Debt to Equity History and Analysis
Debt Level: O5U's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: O5U's debt to equity ratio has increased from 3.3% to 26.1% 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: Whilst unprofitable O5U has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: O5U is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.7% per year.