Liberty Gold Balance Sheet Health

Financial Health criteria checks 5/6

Liberty Gold has a total shareholder equity of $33.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $39.2M and $5.5M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$13.27m
EquityUS$33.69m
Total liabilitiesUS$5.47m
Total assetsUS$39.16m

Recent financial health updates

Recent updates

We're Not Very Worried About Liberty Gold's (TSE:LGD) Cash Burn Rate

Aug 17
We're Not Very Worried About Liberty Gold's (TSE:LGD) Cash Burn Rate

Financial Position Analysis

Short Term Liabilities: LGD's short term assets ($26.7M) exceed its short term liabilities ($5.4M).

Long Term Liabilities: LGD's short term assets ($26.7M) exceed its long term liabilities ($35.1K).


Debt to Equity History and Analysis

Debt Level: LGD is debt free.

Reducing Debt: LGD has not had any debt for 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: LGD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LGD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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