Silver X Mining Balance Sheet Health

Financial Health criteria checks 3/6

Silver X Mining has a total shareholder equity of $19.3M and total debt of $1.6M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are $54.0M and $34.6M respectively.

Key information

8.4%

Debt to equity ratio

US$1.62m

Debt

Interest coverage ration/a
CashUS$190.48k
EquityUS$19.33m
Total liabilitiesUS$34.63m
Total assetsUS$53.97m

Recent financial health updates

No updates

Recent updates

Revenues Working Against Silver X Mining Corp.'s (CVE:AGX) Share Price Following 25% Dive

Nov 21
Revenues Working Against Silver X Mining Corp.'s (CVE:AGX) Share Price Following 25% Dive

Silver X Mining Corp.'s (CVE:AGX) Shares Bounce 33% But Its Business Still Trails The Industry

Oct 04
Silver X Mining Corp.'s (CVE:AGX) Shares Bounce 33% But Its Business Still Trails The Industry

Not Many Are Piling Into Silver X Mining Corp. (CVE:AGX) Stock Yet As It Plummets 26%

Aug 10
Not Many Are Piling Into Silver X Mining Corp. (CVE:AGX) Stock Yet As It Plummets 26%

Silver X Mining Corp.'s (CVE:AGX) Shares Leap 26% Yet They're Still Not Telling The Full Story

Jun 13
Silver X Mining Corp.'s (CVE:AGX) Shares Leap 26% Yet They're Still Not Telling The Full Story

Silver X Mining Corp.'s (CVE:AGX) Shares Leap 29% Yet They're Still Not Telling The Full Story

Apr 18
Silver X Mining Corp.'s (CVE:AGX) Shares Leap 29% Yet They're Still Not Telling The Full Story

Market Cool On Silver X Mining Corp.'s (CVE:AGX) Revenues Pushing Shares 29% Lower

Feb 29
Market Cool On Silver X Mining Corp.'s (CVE:AGX) Revenues Pushing Shares 29% Lower

The Market Doesn't Like What It Sees From Silver X Mining Corp.'s (CVE:AGX) Earnings Yet As Shares Tumble 27%

May 13
The Market Doesn't Like What It Sees From Silver X Mining Corp.'s (CVE:AGX) Earnings Yet As Shares Tumble 27%

Financial Position Analysis

Short Term Liabilities: AGX's short term assets ($7.7M) do not cover its short term liabilities ($22.0M).

Long Term Liabilities: AGX's short term assets ($7.7M) do not cover its long term liabilities ($12.7M).


Debt to Equity History and Analysis

Debt Level: AGX's net debt to equity ratio (7.4%) is considered satisfactory.

Reducing Debt: AGX's debt to equity ratio has increased from 0% to 8.4% 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 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: AGX is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/24 03:18
End of Day Share Price 2025/02/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Silver X Mining Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy LeeRed Cloud Securities