Greatland Gold Balance Sheet Health
Financial Health criteria checks 3/6
Greatland Gold has a total shareholder equity of £41.0M and total debt of £41.5M, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are £90.0M and £49.0M respectively.
Key information
101.3%
Debt to equity ratio
UK£41.49m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.81m |
| Equity | UK£40.96m |
| Total liabilities | UK£49.01m |
| Total assets | UK£89.96m |
Recent financial health updates
Greatland Gold (LON:GGP) Is Making Moderate Use Of Debt
Jun 29
Would Greatland Gold (LON:GGP) Be Better Off With Less Debt?
Mar 29Does Greatland Gold (LON:GGP) Have A Healthy Balance Sheet?
Mar 31Is Greatland Gold (LON:GGP) A Risky Investment?
May 13Does Greatland Gold (LON:GGP) Have A Healthy Balance Sheet?
Nov 20We Think Greatland Gold (LON:GGP) Can Afford To Drive Business Growth
Jul 29Recent updates
Greatland Gold (LON:GGP) Is Making Moderate Use Of Debt
Jun 29Would Greatland Gold (LON:GGP) Be Better Off With Less Debt?
Mar 29Does Greatland Gold (LON:GGP) Have A Healthy Balance Sheet?
Mar 31Is Greatland Gold (LON:GGP) A Risky Investment?
May 13Does Greatland Gold (LON:GGP) Have A Healthy Balance Sheet?
Nov 20We Think Greatland Gold (LON:GGP) Can Afford To Drive Business Growth
Jul 29Financial Position Analysis
Short Term Liabilities: GGP's short term assets (£7.1M) exceed its short term liabilities (£5.3M).
Long Term Liabilities: GGP's short term assets (£7.1M) do not cover its long term liabilities (£43.7M).
Debt to Equity History and Analysis
Debt Level: GGP's net debt to equity ratio (89.6%) is considered high.
Reducing Debt: GGP's debt to equity ratio has increased from 0% to 101.3% 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: GGP has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GGP is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 05:19 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Greatland Gold plc is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Hatch | Berenberg |
| Samuel Catalano | Canaccord Genuity |
| Alexander Bedwany | Canaccord Genuity |