Austin Gold Balance Sheet Health
Financial Health criteria checks 6/6
Austin Gold has a total shareholder equity of $11.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.0M and $676.6K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$9.53m |
Equity | US$11.33m |
Total liabilities | US$676.61k |
Total assets | US$12.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUST's short term assets ($9.7M) exceed its short term liabilities ($676.6K).
Long Term Liabilities: AUST has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AUST is debt free.
Reducing Debt: AUST 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: AUST has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AUST has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 49.2% each year.