SolGold Balance Sheet Health
Financial Health criteria checks 0/6
SolGold has a total shareholder equity of $254.6M and total debt of $198.9M, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are $463.8M and $209.2M respectively.
Key information
78.1%
Debt to equity ratio
US$198.95m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.03m |
| Equity | US$254.61m |
| Total liabilities | US$209.23m |
| Total assets | US$463.85m |
Recent financial health updates
Does SolGold (LON:SOLG) Have A Healthy Balance Sheet?
Oct 04
Would SolGold (LON:SOLG) Be Better Off With Less Debt?
Apr 25Does SolGold (LON:SOLG) Have A Healthy Balance Sheet?
Dec 29Does SolGold (LON:SOLG) Have A Healthy Balance Sheet?
Sep 30Would SolGold (LON:SOLG) Be Better Off With Less Debt?
Jun 23We Think SolGold (LON:SOLG) Has A Fair Chunk Of Debt
Feb 18Recent updates
Does SolGold (LON:SOLG) Have A Healthy Balance Sheet?
Oct 04Would SolGold (LON:SOLG) Be Better Off With Less Debt?
Apr 25Does SolGold (LON:SOLG) Have A Healthy Balance Sheet?
Dec 29Does SolGold (LON:SOLG) Have A Healthy Balance Sheet?
Sep 30Would SolGold (LON:SOLG) Be Better Off With Less Debt?
Jun 23We Think SolGold (LON:SOLG) Has A Fair Chunk Of Debt
Feb 18We Think SolGold (LON:SOLG) Has A Fair Chunk Of Debt
Sep 02We Think SolGold (LON:SOLG) Has A Fair Chunk Of Debt
Mar 08Is SolGold (LON:SOLG) Using Debt In A Risky Way?
Nov 06Need To Know: SolGold Plc (LON:SOLG) Insiders Have Been Buying Shares
Jan 29Are Institutions Heavily Invested In SolGold Plc's (LON:SOLG) Shares?
Dec 07
Financial Position Analysis
Short Term Liabilities: SOLG's short term assets ($9.2M) do not cover its short term liabilities ($17.3M).
Long Term Liabilities: SOLG's short term assets ($9.2M) do not cover its long term liabilities ($191.9M).
Debt to Equity History and Analysis
Debt Level: SOLG's net debt to equity ratio (75.8%) is considered high.
Reducing Debt: SOLG's debt to equity ratio has increased from 0% to 78.1% 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: SOLG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SOLG has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.9% each year.