Black Dragon Gold Balance Sheet Health
Financial Health criteria checks 6/6
Black Dragon Gold has a total shareholder equity of CA$993.3K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.1M and CA$82.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.02m |
| Equity | CA$993.27k |
| Total liabilities | CA$82.16k |
| Total assets | CA$1.08m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDG's short term assets (CA$1.1M) exceed its short term liabilities (CA$82.2K).
Long Term Liabilities: BDG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BDG is debt free.
Reducing Debt: BDG 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: BDG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BDG is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.