Trans Canada Gold Balance Sheet Health
Financial Health criteria checks 3/6
Trans Canada Gold has a total shareholder equity of CA$838.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$321.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$36.91k |
| Equity | CA$838.51k |
| Total liabilities | CA$321.09k |
| Total assets | CA$1.16m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TTG's short term assets (CA$190.2K) do not cover its short term liabilities (CA$276.0K).
Long Term Liabilities: TTG's short term assets (CA$190.2K) exceed its long term liabilities (CA$45.1K).
Debt to Equity History and Analysis
Debt Level: TTG is debt free.
Reducing Debt: TTG 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: TTG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TTG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.5% each year