Silver X Mining Balance Sheet Health
Financial Health criteria checks 3/6
Silver X Mining has a total shareholder equity of $18.7M and total debt of $1.4M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are $51.9M and $33.2M respectively.
Key information
7.7%
Debt to equity ratio
US$1.44m
Debt
Interest coverage ratio | n/a |
Cash | US$484.90k |
Equity | US$18.71m |
Total liabilities | US$33.15m |
Total assets | US$51.86m |
Recent financial health updates
No updates
Recent updates
Silver X Mining Corp.'s (CVE:AGX) Shares Leap 29% Yet They're Still Not Telling The Full Story
Apr 18Market Cool On Silver X Mining Corp.'s (CVE:AGX) Revenues Pushing Shares 29% Lower
Feb 29The Market Doesn't Like What It Sees From Silver X Mining Corp.'s (CVE:AGX) Earnings Yet As Shares Tumble 27%
May 13Financial Position Analysis
Short Term Liabilities: AGX's short term assets ($6.0M) do not cover its short term liabilities ($21.2M).
Long Term Liabilities: AGX's short term assets ($6.0M) do not cover its long term liabilities ($12.0M).
Debt to Equity History and Analysis
Debt Level: AGX's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: AGX's debt to equity ratio has increased from 0% to 7.7% over the 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: AGX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AGX is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.