Marygold Companies Financial Health
How is Marygold Companies's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MGLD's short term assets ($25.4M) exceed its short term liabilities ($4.5M).
Long Term Liabilities: MGLD's short term assets ($25.4M) exceed its long term liabilities ($1.2M).
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 reduced from 5.4% to 1.5% over the past 5 years.
Debt Coverage: MGLD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MGLD earns more interest than it pays, so coverage of interest payments is not a concern.