Taung Gold International Balance Sheet Health
Financial Health criteria checks 6/6
Taung Gold International has a total shareholder equity of HK$2.7B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$2.7B and HK$27.3M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$108.87m |
| Equity | HK$2.65b |
| Total liabilities | HK$27.28m |
| Total assets | HK$2.68b |
Recent financial health updates
Here's Why We're Not At All Concerned With Taung Gold International's (HKG:621) Cash Burn Situation
Nov 19
Here's Why We're Not Too Worried About Taung Gold International's (HKG:621) Cash Burn Situation
Jun 10We Think Taung Gold International (HKG:621) Can Afford To Drive Business Growth
Dec 10We're Hopeful That Taung Gold International (HKG:621) Will Use Its Cash Wisely
Jul 30Here's Why We're Not At All Concerned With Taung Gold International's (HKG:621) Cash Burn Situation
Apr 12We're Interested To See How Taung Gold International (HKG:621) Uses Its Cash Hoard To Grow
Dec 28
Recent updates
Here's Why We're Not At All Concerned With Taung Gold International's (HKG:621) Cash Burn Situation
Nov 19Here's Why We're Not Too Worried About Taung Gold International's (HKG:621) Cash Burn Situation
Jun 10We Think Taung Gold International (HKG:621) Can Afford To Drive Business Growth
Dec 10We're Hopeful That Taung Gold International (HKG:621) Will Use Its Cash Wisely
Jul 30Here's Why We're Not At All Concerned With Taung Gold International's (HKG:621) Cash Burn Situation
Apr 12We're Interested To See How Taung Gold International (HKG:621) Uses Its Cash Hoard To Grow
Dec 28Financial Position Analysis
Short Term Liabilities: 621's short term assets (HK$113.8M) exceed its short term liabilities (HK$14.8M).
Long Term Liabilities: 621's short term assets (HK$113.8M) exceed its long term liabilities (HK$12.4M).
Debt to Equity History and Analysis
Debt Level: 621 is debt free.
Reducing Debt: 621 has not had any debt for 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: 621 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 621 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 13.2% each year