AuQ Gold Mining Balance Sheet Health
Financial Health criteria checks 3/6
AuQ Gold Mining has a total shareholder equity of CA$677.7K and total debt of CA$218.8K, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are CA$1.5M and CA$811.4K respectively.
Key information
32.3%
Debt to equity ratio
CA$218.83k
Debt
Interest coverage ratio | n/a |
Cash | CA$43.34k |
Equity | CA$677.68k |
Total liabilities | CA$811.40k |
Total assets | CA$1.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUQ's short term assets (CA$84.5K) do not cover its short term liabilities (CA$801.4K).
Long Term Liabilities: AUQ's short term assets (CA$84.5K) exceed its long term liabilities (CA$10.0K).
Debt to Equity History and Analysis
Debt Level: AUQ's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: AUQ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: AUQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AUQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.9% each year