Augusta Gold Balance Sheet Health
Financial Health criteria checks 0/6
Augusta Gold has a total shareholder equity of $26.3M and total debt of $30.1M, which brings its debt-to-equity ratio to 114.2%. Its total assets and total liabilities are $60.6M and $34.3M respectively.
Key information
114.2%
Debt to equity ratio
US$30.06m
Debt
| Interest coverage ratio | n/a |
| Cash | US$232.41k |
| Equity | US$26.33m |
| Total liabilities | US$34.31m |
| Total assets | US$60.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUGG's short term assets ($304.4K) do not cover its short term liabilities ($32.1M).
Long Term Liabilities: AUGG's short term assets ($304.4K) do not cover its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: AUGG's net debt to equity ratio (113.3%) is considered high.
Reducing Debt: AUGG's debt to equity ratio has increased from 0% to 114.2% 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: AUGG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AUGG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.2% each year