Randgold & Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Randgold & Exploration has a total shareholder equity of ZAR64.6M and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR75.2M and ZAR10.6M respectively.
Key information
0%
Debt to equity ratio
R0
Debt
Interest coverage ratio | n/a |
Cash | R74.68m |
Equity | R64.61m |
Total liabilities | R10.61m |
Total assets | R75.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNG's short term assets (ZAR75.1M) exceed its short term liabilities (ZAR1.1M).
Long Term Liabilities: RNG's short term assets (ZAR75.1M) exceed its long term liabilities (ZAR9.5M).
Debt to Equity History and Analysis
Debt Level: RNG is debt free.
Reducing Debt: RNG has not had any debt for past 5 years.
Debt Coverage: RNG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RNG has no debt, therefore coverage of interest payments is not a concern.