Leocor Gold Balance Sheet Health
Financial Health criteria checks 6/6
Leocor Gold has a total shareholder equity of CA$8.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.6M and CA$225.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.03m |
| Equity | CA$8.35m |
| Total liabilities | CA$225.92k |
| Total assets | CA$8.58m |
Financial Position Analysis
Short Term Liabilities: LECR's short term assets (CA$5.1M) exceed its short term liabilities (CA$225.9K).
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 more than 3 years if free cash flow continues to reduce at historical rates of 19.1% each year