Nation Gold Balance Sheet Health
Financial Health criteria checks 6/6
Nation Gold has a total shareholder equity of CA$945.6K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$947.8K and CA$2.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$770.26k |
| Equity | CA$945.59k |
| Total liabilities | CA$2.19k |
| Total assets | CA$947.78k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NATN's short term assets (CA$774.7K) exceed its short term liabilities (CA$2.2K).
Long Term Liabilities: NATN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NATN is debt free.
Reducing Debt: NATN 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: NATN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NATN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 3.8% each year