Avidian Gold Balance Sheet Health

Financial Health criteria checks 3/6

Avidian Gold has a total shareholder equity of $228.0K and total debt of $74.9K, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are $1.1M and $886.0K respectively.

Key information

32.8%

Debt to equity ratio

US$74.85k

Debt

Interest coverage ration/a
CashUS$73.37k
EquityUS$227.98k
Total liabilitiesUS$886.00k
Total assetsUS$1.11m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AVGD.F's short term assets ($87.0K) do not cover its short term liabilities ($886.0K).

Long Term Liabilities: AVGD.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AVGD.F's net debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: AVGD.F's debt to equity ratio has reduced from 60.9% to 32.8% 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: AVGD.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AVGD.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.7% each year.


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