Bullion Gold Resources Balance Sheet Health
Financial Health criteria checks 6/6
Bullion Gold Resources has a total shareholder equity of CA$1.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.8M and CA$51.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$434.61k |
Equity | CA$1.78m |
Total liabilities | CA$51.89k |
Total assets | CA$1.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGD's short term assets (CA$454.8K) exceed its short term liabilities (CA$51.9K).
Long Term Liabilities: BGD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BGD is debt free.
Reducing Debt: BGD has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
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: BGD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BGD has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 18.7% each year.