Goldmoney Balance Sheet Health
Financial Health criteria checks 4/6
Goldmoney has a total shareholder equity of CA$148.0M and total debt of CA$38.6M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are CA$193.5M and CA$45.5M respectively. Goldmoney's EBIT is CA$20.5M making its interest coverage ratio 11. It has cash and short-term investments of CA$12.8M.
Key information
26.1%
Debt to equity ratio
CA$38.64m
Debt
| Interest coverage ratio | 11x |
| Cash | CA$12.83m |
| Equity | CA$147.98m |
| Total liabilities | CA$45.50m |
| Total assets | CA$193.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O5U's short term assets (CA$17.5M) exceed its short term liabilities (CA$9.5M).
Long Term Liabilities: O5U's short term assets (CA$17.5M) do not cover its long term liabilities (CA$36.0M).
Debt to Equity History and Analysis
Debt Level: O5U's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: O5U's debt to equity ratio has increased from 3.6% to 26.1% over the past 5 years.
Debt Coverage: O5U's debt is well covered by operating cash flow (84.3%).
Interest Coverage: O5U's interest payments on its debt are well covered by EBIT (11x coverage).