Marygold Companies Balance Sheet Health
Financial Health criteria checks 3/6
Marygold Companies has a total shareholder equity of $25.5M and total debt of $3.7M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are $35.9M and $10.3M respectively.
Key information
14.5%
Debt to equity ratio
US$3.71m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.47m |
| Equity | US$25.53m |
| Total liabilities | US$10.34m |
| Total assets | US$35.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGLD's short term assets ($25.0M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: MGLD's short term assets ($25.0M) exceed its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: MGLD has more cash than its total debt.
Reducing Debt: MGLD's debt to equity ratio has increased from 5.8% to 14.5% over the past 5 years.
Debt Coverage: MGLD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MGLD's interest payments on its debt are well covered by EBIT.