Scotgold Resources Balance Sheet Health
Financial Health criteria checks 0/6
Scotgold Resources has a total shareholder equity of A$14.7M and total debt of A$22.9M, which brings its debt-to-equity ratio to 155.7%. Its total assets and total liabilities are A$46.6M and A$31.9M respectively.
Key information
155.7%
Debt to equity ratio
AU$22.88m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$67.10k |
| Equity | AU$14.70m |
| Total liabilities | AU$31.87m |
| Total assets | AU$46.57m |
Financial Position Analysis
Short Term Liabilities: SGZ's short term assets (A$2.3M) do not cover its short term liabilities (A$6.9M).
Long Term Liabilities: SGZ's short term assets (A$2.3M) do not cover its long term liabilities (A$24.9M).
Debt to Equity History and Analysis
Debt Level: SGZ's net debt to equity ratio (155.2%) is considered high.
Reducing Debt: SGZ's debt to equity ratio has increased from 9.6% to 155.7% 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: Insufficient data to determine if SGZ has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SGZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.