Nighthawk Gold Balance Sheet Health
Financial Health criteria checks 6/6
Nighthawk Gold has a total shareholder equity of CA$26.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$33.4M and CA$6.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$12.75m |
Equity | CA$26.44m |
Total liabilities | CA$6.93m |
Total assets | CA$33.37m |
Recent financial health updates
Is Nighthawk Gold (TSE:NHK) In A Good Position To Invest In Growth?
Apr 04Here's Why We're A Bit Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Situation
Dec 05Here's Why We're A Bit Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Situation
Aug 21We're A Little Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Rate
Nov 21We Think Nighthawk Gold (TSE:NHK) Needs To Drive Business Growth Carefully
Mar 03Recent updates
Is Nighthawk Gold (TSE:NHK) In A Good Position To Invest In Growth?
Apr 04Here's Why We're A Bit Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Situation
Dec 05Here's Why We're A Bit Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Situation
Aug 21We're A Little Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Rate
Nov 21We Think Nighthawk Gold (TSE:NHK) Needs To Drive Business Growth Carefully
Mar 03Here's Why We're Watching Nighthawk Gold's (TSE:NHK) Cash Burn Situation
Nov 18Financial Position Analysis
Short Term Liabilities: NHK's short term assets (CA$14.6M) exceed its short term liabilities (CA$1.7M).
Long Term Liabilities: NHK's short term assets (CA$14.6M) exceed its long term liabilities (CA$5.2M).
Debt to Equity History and Analysis
Debt Level: NHK is debt free.
Reducing Debt: NHK 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: NHK has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NHK is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.