Altamira Gold Balance Sheet Health
Financial Health criteria checks 4/6
Altamira Gold has a total shareholder equity of CA$23.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$23.7M and CA$349.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.12m |
| Equity | CA$23.36m |
| Total liabilities | CA$349.79k |
| Total assets | CA$23.71m |
Recent financial health updates
We're Not Very Worried About Altamira Gold's (CVE:ALTA) Cash Burn Rate
Feb 19
We're Keeping An Eye On Altamira Gold's (CVE:ALTA) Cash Burn Rate
Jun 09Here's Why We're Watching Altamira Gold's (CVE:ALTA) Cash Burn Situation
Feb 05Here's Why We're Watching Altamira Gold's (CVE:ALTA) Cash Burn Situation
Oct 22Companies Like Altamira Gold (CVE:ALTA) Are In A Position To Invest In Growth
Jun 27Recent updates
We're Not Very Worried About Altamira Gold's (CVE:ALTA) Cash Burn Rate
Feb 19We're Keeping An Eye On Altamira Gold's (CVE:ALTA) Cash Burn Rate
Jun 09Here's Why We're Watching Altamira Gold's (CVE:ALTA) Cash Burn Situation
Feb 05Here's Why We're Watching Altamira Gold's (CVE:ALTA) Cash Burn Situation
Oct 22Companies Like Altamira Gold (CVE:ALTA) Are In A Position To Invest In Growth
Jun 27Financial Position Analysis
Short Term Liabilities: ALTA's short term assets (CA$3.3M) exceed its short term liabilities (CA$349.8K).
Long Term Liabilities: ALTA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ALTA is debt free.
Reducing Debt: ALTA has not had any debt for past 5 years.
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: ALTA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALTA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.2% each year