Desert Gold Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Desert Gold Ventures has a total shareholder equity of $175.0K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $299.1K and $124.1K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$279.58k |
Equity | US$174.97k |
Total liabilities | US$124.11k |
Total assets | US$299.08k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAUG.F's short term assets ($297.8K) exceed its short term liabilities ($124.1K).
Long Term Liabilities: DAUG.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DAUG.F is debt free.
Reducing Debt: DAUG.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: DAUG.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DAUG.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.