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Theta Gold Mines Ltd
ASX:TGM

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Theta Gold Mines Ltd
ASX:TGM
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Price: 0.205 AUD -1.2% Market Closed
Market Cap: AU$237.1m

Bankruptcy Probability

Theta Gold Mines Ltd's probability of bankruptcy is 3.6%, pointing to a small but noticeable default risk. The solvency score is 34/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & ST Investments
+
3Y
+2 078%
5Y
+3 116%
10Y
+6 833%
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
+195%
5Y
+11 083%
10Y
+4 054%

Solvency Ratios

Solvency Ratios Comparison
Theta Gold Mines Ltd Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
AU
Theta Gold Mines Ltd
ASX:TGM
237.1m AUD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
612.5B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
169.7B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
858.5B CNY
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US
Newmont Corporation
NYSE:NEM
104.3B USD
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AU
Greatland Gold PLC
ASX:GGP
133.6B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
124.2B CAD
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CA
Barrick Mining Corp
F:ABR0
54.1B EUR
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CA
Barrick Gold Corp
TSX:ABX
85.4B CAD
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HK
Zijin Gold International Co Ltd
HKEX:2259
455.3B HKD
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Is Theta Gold Mines Ltd at risk of bankruptcy?

Theta Gold Mines Ltd's probability of bankruptcy is 3.5%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Theta Gold Mines Ltd have?

As of the latest report, Theta Gold Mines Ltd has total debt of 11.6m USD. This includes both short-term (11.6m USD) and long-term (0 USD) debt.

You can find a full breakdown on its Balance Sheet.

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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

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