U.S. Gold Balance Sheet Health
Financial Health criteria checks 4/6
U.S. Gold has a total shareholder equity of $13.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $20.1M and $7.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.38m |
Equity | US$13.15m |
Total liabilities | US$6.99m |
Total assets | US$20.14m |
Recent financial health updates
Here's Why We're Watching U.S. Gold's (NASDAQ:USAU) Cash Burn Situation
Aug 08Companies Like U.S. Gold (NASDAQ:USAU) Could Be Quite Risky
Dec 27Is U.S. Gold (NASDAQ:USAU) In A Good Position To Invest In Growth?
Sep 12Here's Why We're A Bit Worried About U.S. Gold's (NASDAQ:USAU) Cash Burn Situation
Mar 21U.S. Gold (NASDAQ:USAU) Will Have To Spend Its Cash Wisely
Mar 08Recent updates
Here's Why We're Watching U.S. Gold's (NASDAQ:USAU) Cash Burn Situation
Aug 08Companies Like U.S. Gold (NASDAQ:USAU) Could Be Quite Risky
Dec 27Is U.S. Gold (NASDAQ:USAU) In A Good Position To Invest In Growth?
Sep 12Here's Why We're A Bit Worried About U.S. Gold's (NASDAQ:USAU) Cash Burn Situation
Mar 21U.S. Gold (NASDAQ:USAU) Will Have To Spend Its Cash Wisely
Mar 08U.S. Gold Corp.: A Highly Leveraged Bet On Increasing Metals Prices
Feb 25Here's Why We're Watching U.S. Gold's (NASDAQ:USAU) Cash Burn Situation
Nov 18Companies Like U.S. Gold (NASDAQ:USAU) Are In A Position To Invest In Growth
Jun 24We're Not Very Worried About U.S. Gold's (NASDAQ:USAU) Cash Burn Rate
Mar 11U.S. Gold Corp.: High Expectations Of The CK Gold Project PFS
Jan 06Financial Position Analysis
Short Term Liabilities: USAU's short term assets ($4.1M) exceed its short term liabilities ($572.9K).
Long Term Liabilities: USAU's short term assets ($4.1M) do not cover its long term liabilities ($6.4M).
Debt to Equity History and Analysis
Debt Level: USAU is debt free.
Reducing Debt: USAU had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: USAU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: USAU has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 10.4% each year.