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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 06:16 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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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Industry and Sector Metrics
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Analyst Sources
The Marygold Companies, Inc. is covered by 0 analysts. 0 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 |
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