Provenance Gold Balance Sheet Health
Financial Health criteria checks 3/6
Provenance Gold has a total shareholder equity of CA$2.9M and total debt of CA$47.5K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CA$3.0M and CA$121.2K respectively.
Key information
1.7%
Debt to equity ratio
CA$47.50k
Debt
Interest coverage ratio | n/a |
Cash | CA$263.21k |
Equity | CA$2.88m |
Total liabilities | CA$121.24k |
Total assets | CA$3.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAU's short term assets (CA$274.1K) exceed its short term liabilities (CA$121.2K).
Long Term Liabilities: PAU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PAU has more cash than its total debt.
Reducing Debt: PAU's debt to equity ratio has increased from 0% to 1.7% 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: PAU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PAU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.2% each year