Seahawk Gold Balance Sheet Health
Financial Health criteria checks 6/6
Seahawk Gold has a total shareholder equity of CA$2.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.4M and CA$36.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$253.76k |
| Equity | CA$2.33m |
| Total liabilities | CA$36.57k |
| Total assets | CA$2.37m |
Financial Position Analysis
Short Term Liabilities: SEAG's short term assets (CA$281.0K) exceed its short term liabilities (CA$36.6K).
Long Term Liabilities: SEAG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SEAG is debt free.
Reducing Debt: SEAG had no debt 5 years ago.
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: SEAG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SEAG has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 1.4% each year.