ESGold Balance Sheet Health
Financial Health criteria checks 3/6
ESGold has a total shareholder equity of CA$3.7M and total debt of CA$201.3K, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CA$7.6M and CA$3.9M respectively.
Key information
5.4%
Debt to equity ratio
CA$201.25k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$608.86k |
| Equity | CA$3.73m |
| Total liabilities | CA$3.87m |
| Total assets | CA$7.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESAU's short term assets (CA$638.1K) do not cover its short term liabilities (CA$1.4M).
Long Term Liabilities: ESAU's short term assets (CA$638.1K) do not cover its long term liabilities (CA$2.5M).
Debt to Equity History and Analysis
Debt Level: ESAU has more cash than its total debt.
Reducing Debt: ESAU's debt to equity ratio has increased from 0% to 5.4% over the 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: ESAU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ESAU is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.