Randgold & Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Randgold & Exploration has a total shareholder equity of ZAR56.7M and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR66.6M and ZAR9.9M respectively.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | n/a |
| Cash | R65.83m |
| Equity | R56.69m |
| Total liabilities | R9.95m |
| Total assets | R66.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNG's short term assets (ZAR66.5M) exceed its short term liabilities (ZAR1.0M).
Long Term Liabilities: RNG's short term assets (ZAR66.5M) exceed its long term liabilities (ZAR8.9M).
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.