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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/09 06:30 |
| End of Day Share Price | 2023/09/11 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/06/30 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Scotgold Resources Limited is covered by 3 analysts. 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 |
|---|---|
| Sheldon Modeland | Shore Capital Group Ltd |
| null null | SP Angel Corporate Finance LLP |
| null null | Stockdale Securities |