Auxico Resources Canada Balance Sheet Health
Financial Health criteria checks 0/6
Auxico Resources Canada has a total shareholder equity of CA$-5.9M and total debt of CA$7.2M, which brings its debt-to-equity ratio to -121.4%. Its total assets and total liabilities are CA$2.7M and CA$8.7M respectively.
Key information
-121.4%
Debt to equity ratio
CA$7.20m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$65.09k |
| Equity | -CA$5.94m |
| Total liabilities | CA$8.66m |
| Total assets | CA$2.73m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AUAG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AUAG 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: AUAG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AUAG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AUAG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AUAG's interest payments on its debt are well covered by EBIT.