Patriot Gold Balance Sheet Health
Financial Health criteria checks 6/6
Patriot Gold has a total shareholder equity of $1.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.0M and $285.4K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$535.55k |
| Equity | US$1.71m |
| Total liabilities | US$285.44k |
| Total assets | US$1.99m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGOL's short term assets ($934.1K) exceed its short term liabilities ($285.4K).
Long Term Liabilities: PGOL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PGOL is debt free.
Reducing Debt: PGOL has not had any debt for past 5 years.
Debt Coverage: PGOL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PGOL has no debt, therefore coverage of interest payments is not a concern.