Southern Cross Gold Ltd

    Southern Cross Gold Ltd

    AASX:SXG
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    AUD
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    Share Statistics

    As of May 31, 2024, Southern Cross Gold Ltd has 194.73M shares outstanding.

    Shares Outstanding194.73M

    Financial Position

    As of May 31, 2024, Southern Cross Gold Ltd maintains a current ratio of 9.32, meaning it holds 9.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.58, indicating moderate leverage, while an interest coverage ratio of -490.01 demonstrates limited ability to service its debt obligations.

    Current Ratio9.32
    Quick Ratio9.32
    Debt / Equity0.58
    Debt / EBITDA-0.04
    Interest Coverage-490.01

    Financial Efficiency

    Over the twelve months ended May 31, 2024, Southern Cross Gold Ltd posted a negative return on equity (ROE) of -25.40, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -21.77, reflecting losses generated across the asset base.

    Return on Equity (ROE)-25.40
    Return on Assets (ROA)-21.77

    Stock Splits

    Southern Cross Gold Ltd's most recent stock split took place on April 8, 2024 with a 2500:2501 split ratio.

    Last Split Date4/8/2024
    Split Ratio2500:2501

    Scores

    As of May 31, 2024, Southern Cross Gold Ltd has an Altman Z-Score of -0.63, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score-0.63