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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: 0.1825 AUD -3.95% Market Closed
Market Cap: AU$238m

Bankruptcy Probability

Theta Gold Mines Ltd's probability of bankruptcy is 3.4%, 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 it can pay interest on 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 & Short-Term 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
238m AUD
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ZA
Gold Fields Ltd
JSE:GFI
532.4B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
166.4B ZAR
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US
Newmont Corporation
NYSE:NEM
121.8B USD
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CN
Zijin Mining Group Co Ltd
SSE:601899
781B CNY
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CA
Agnico Eagle Mines Ltd
TSX:AEM
132.4B CAD
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CA
Barrick Gold Corp
TSX:ABX
93.6B CAD
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CA
Barrick Mining Corp
F:ABR0
57.6B EUR
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CA
Wheaton Precious Metals Corp
TSX:WPM
87.2B CAD
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HK
Zijin Gold International Co Ltd
HKEX:2259
364.5B HKD
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CA
Franco-Nevada Corp
TSX:FNV
66B CAD
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No Stocks Found
Is Theta Gold Mines Ltd at risk of bankruptcy?

Theta Gold Mines Ltd's probability of bankruptcy is 3.4%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess 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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