Advanced Gold Exploration Balance Sheet Health
Financial Health criteria checks 3/6
Advanced Gold Exploration has a total shareholder equity of CA$425.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$862.2K and CA$437.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$55.62k |
Equity | CA$425.20k |
Total liabilities | CA$436.99k |
Total assets | CA$862.20k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUEX's short term assets (CA$91.1K) do not cover its short term liabilities (CA$437.0K).
Long Term Liabilities: AUEX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AUEX is debt free.
Reducing Debt: AUEX 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: AUEX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AUEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.6% each year