Leocor Gold Balance Sheet Health
Financial Health criteria checks 6/6
Leocor Gold has a total shareholder equity of CA$7.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.1M and CA$228.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.61m |
Equity | CA$7.83m |
Total liabilities | CA$228.72k |
Total assets | CA$8.06m |
Financial Position Analysis
Short Term Liabilities: LECR's short term assets (CA$4.6M) exceed its short term liabilities (CA$228.7K).
Long Term Liabilities: LECR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LECR is debt free.
Reducing Debt: LECR 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: LECR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LECR has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 31.2% each year.