Sierra Grande Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Sierra Grande Minerals 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$2.3M and CA$20.5K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$851.02k
Equity	CA$2.29m
Total liabilities	CA$20.53k
Total assets	CA$2.31m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SGRO's short term assets (CA$895.2K) exceed its short term liabilities (CA$20.5K).

Long Term Liabilities: SGRO has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: SGRO is debt free.

Reducing Debt: SGRO 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: SGRO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SGRO has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 5.7% each year.

Sierra Grande Minerals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Sierra Grande Minerals Inc., Annual General Meeting, Oct 28, 2024

Insufficient new directors

Insufficient new directors

Insufficient new directors

Sierra Grande Reports High Grade Sampling Results at B&C Springs, Stakes Additional Claims

Insufficient new directors

Sierra Grande Minerals Inc. Outlines Substantial Molybdenum Copper Silver Target at Eastern B&C Springs Project, Western Nevada

Insufficient new directors

Insufficient new directors

Sierra Grande Minerals Inc. announced that it expects to receive CAD 0.3 million in funding

Sierra Grande Minerals Inc., Annual General Meeting, Feb 24, 2023

Sierra Grande Minerals Begins Airborne Magnetic Survey At Its B&C Springs and Glitra-Sat Gold Projects in Western Nevada

Sierra Grande Minerals Inc. announced that it has received CAD 2.0379 million in funding

Sierra Grande Minerals Inc. announced that it expects to receive CAD 1.99995 million in funding

Sierra Grande Minerals Inc. to Begin the Application Process for Drill Permitting At Its B&C Springs and Glitra/Sat Properties

Sierra Grande Minerals Inc. Receives the Results for Its Previously Announced Soil Geochemical Programs At Its Betty East Prospect in Western Nevada

Sierra Completes Soil Geochemistry Programs at its Nevada Properties

Sierra Growth Corp. Reports the Resignation of Craig Alford as Independent Director

Sierra Growth Corp. announced that it has received CAD 0.75114 million in funding

Sierra Growth Corp. announced that it expects to receive CAD 0.6 million in funding

Consorcio De Ingenieros Ejecutores Mineros S.A acquired the Silveria Mining Concessions of Sierra Growth Corp. (CNSX:SGRO) for $1 million.

Sierra Growth Corp. (CNSX:SGRO) entered into a non-binding letter of intent to acquire Betty East Property, Mildred/B&C Springs Property and New Sat/Glitra Property of Primus Resources L.C. for $1.7 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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