Provenance Gold Balance Sheet Health
Financial Health criteria checks 5/6
Provenance Gold has a total shareholder equity of CA$3.6M and total debt of CA$47.5K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CA$3.8M and CA$158.6K respectively.
Key information
1.3%
Debt to equity ratio
CA$47.50k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$709.34k |
| Equity | CA$3.65m |
| Total liabilities | CA$158.62k |
| Total assets | CA$3.81m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAU's short term assets (CA$732.6K) exceed its short term liabilities (CA$158.6K).
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 1.3% 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 sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PAU is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.