Austral Gold Balance Sheet Health
Financial Health criteria checks 1/6
Austral Gold has a total shareholder equity of $41.6M and total debt of $16.7M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are $104.3M and $62.7M respectively.
Key information
40.2%
Debt to equity ratio
US$16.70m
Debt
Interest coverage ratio | n/a |
Cash | US$5.00m |
Equity | US$41.57m |
Total liabilities | US$62.71m |
Total assets | US$104.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGLD.F's short term assets ($17.1M) do not cover its short term liabilities ($40.8M).
Long Term Liabilities: AGLD.F's short term assets ($17.1M) do not cover its long term liabilities ($21.9M).
Debt to Equity History and Analysis
Debt Level: AGLD.F's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: AGLD.F's debt to equity ratio has increased from 17.8% to 40.2% over the 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: AGLD.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AGLD.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.8% each year