Western Copper and Gold Balance Sheet Health
Financial Health criteria checks 6/6
Western Copper and Gold has a total shareholder equity of CA$190.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$193.5M and CA$2.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$78.10m |
| Equity | CA$190.74m |
| Total liabilities | CA$2.76m |
| Total assets | CA$193.50m |
Recent financial health updates
Here's Why We're Not Too Worried About Western Copper and Gold's (TSE:WRN) Cash Burn Situation
Aug 17
We're Keeping An Eye On Western Copper and Gold's (TSE:WRN) Cash Burn Rate
Mar 02We Think Western Copper and Gold (TSE:WRN) Can Afford To Drive Business Growth
Oct 05Companies Like Western Copper and Gold (TSE:WRN) Are In A Position To Invest In Growth
Jun 15We're Hopeful That Western Copper and Gold (TSE:WRN) Will Use Its Cash Wisely
Mar 02Companies Like Western Copper and Gold (TSE:WRN) Are In A Position To Invest In Growth
Nov 11Recent updates
Here's Why We're Not Too Worried About Western Copper and Gold's (TSE:WRN) Cash Burn Situation
Aug 17We're Keeping An Eye On Western Copper and Gold's (TSE:WRN) Cash Burn Rate
Mar 02We Think Western Copper and Gold (TSE:WRN) Can Afford To Drive Business Growth
Oct 05Companies Like Western Copper and Gold (TSE:WRN) Are In A Position To Invest In Growth
Jun 15We're Hopeful That Western Copper and Gold (TSE:WRN) Will Use Its Cash Wisely
Mar 02Companies Like Western Copper and Gold (TSE:WRN) Are In A Position To Invest In Growth
Nov 11Western Copper and Gold (TSE:WRN) Is In A Strong Position To Grow Its Business
Mar 31Financial Position Analysis
Short Term Liabilities: WRN's short term assets (CA$78.7M) exceed its short term liabilities (CA$2.8M).
Long Term Liabilities: WRN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WRN is debt free.
Reducing Debt: WRN 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: WRN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: WRN has sufficient cash runway for 3 years if free cash flow continues to reduce at historical rates of 32.4% each year.