Gold By Gold Balance Sheet Health
Financial Health criteria checks 6/6
Gold By Gold has a total shareholder equity of €2.9M and total debt of €156.9K, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are €6.8M and €3.8M respectively.
Key information
5.3%
Debt to equity ratio
€156.90k
Debt
Interest coverage ratio | n/a |
Cash | €1.59m |
Equity | €2.94m |
Total liabilities | €3.82m |
Total assets | €6.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALGLD's short term assets (€6.4M) exceed its short term liabilities (€1.3M).
Long Term Liabilities: ALGLD's short term assets (€6.4M) exceed its long term liabilities (€2.5M).
Debt to Equity History and Analysis
Debt Level: ALGLD has more cash than its total debt.
Reducing Debt: ALGLD's debt to equity ratio has reduced from 6.2% to 5.3% 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: ALGLD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ALGLD has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 34% each year.