Banyan Gold Balance Sheet Health
Financial Health criteria checks 6/6
Banyan Gold has a total shareholder equity of CA$61.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$71.7M and CA$9.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$18.08m |
Equity | CA$61.83m |
Total liabilities | CA$9.87m |
Total assets | CA$71.71m |
Recent financial health updates
We Think Banyan Gold (CVE:BYN) Can Afford To Drive Business Growth
Sep 15Is Banyan Gold (CVE:BYN) In A Good Position To Invest In Growth?
Apr 11Is Banyan Gold (CVE:BYN) In A Good Position To Invest In Growth?
Dec 01We're Keeping An Eye On Banyan Gold's (CVE:BYN) Cash Burn Rate
May 09Will Banyan Gold (CVE:BYN) Spend Its Cash Wisely?
Oct 14Will Banyan Gold (CVE:BYN) Spend Its Cash Wisely?
Feb 24Recent updates
We Think Banyan Gold (CVE:BYN) Can Afford To Drive Business Growth
Sep 15Is Banyan Gold (CVE:BYN) In A Good Position To Invest In Growth?
Apr 11Is Banyan Gold (CVE:BYN) In A Good Position To Invest In Growth?
Dec 01We're Keeping An Eye On Banyan Gold's (CVE:BYN) Cash Burn Rate
May 09Will Banyan Gold (CVE:BYN) Spend Its Cash Wisely?
Oct 14Will Banyan Gold (CVE:BYN) Spend Its Cash Wisely?
Feb 24Will Banyan Gold (CVE:BYN) Spend Its Cash Wisely?
Jun 10Is Banyan Gold (CVE:BYN) In A Good Position To Invest In Growth?
Feb 25Financial Position Analysis
Short Term Liabilities: BYN's short term assets (CA$18.5M) exceed its short term liabilities (CA$9.9M).
Long Term Liabilities: BYN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BYN is debt free.
Reducing Debt: BYN 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: BYN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BYN has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 34.7% each year.