Intercontinental Gold and Metals Ltd.

TSXV:ICAU Stock Report

Market Cap: CA$1.9m

Intercontinental Gold and Metals Balance Sheet Health

Financial Health criteria checks 0/6

Intercontinental Gold and Metals has a total shareholder equity of CA$-4.9M and total debt of CA$5.1M, which brings its debt-to-equity ratio to -104.4%. Its total assets and total liabilities are CA$2.9M and CA$7.8M respectively.

Key information

-104.4%

Debt to equity ratio

CA$5.09m

Debt

Interest coverage ration/a
CashCA$79.53k
Equity-CA$4.88m
Total liabilitiesCA$7.82m
Total assetsCA$2.94m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ICAU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ICAU has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ICAU has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ICAU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Insufficient data to determine if ICAU has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ICAU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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