Contact Gold Balance Sheet Health
Financial Health criteria checks 4/6
Contact Gold has a total shareholder equity of CA$29.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$29.9M and CA$606.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$376.62k |
| Equity | CA$29.28m |
| Total liabilities | CA$606.36k |
| Total assets | CA$29.88m |
Financial Position Analysis
Short Term Liabilities: C's short term assets (CA$596.9K) exceed its short term liabilities (CA$426.7K).
Long Term Liabilities: C's short term assets (CA$596.9K) exceed its long term liabilities (CA$179.7K).
Debt to Equity History and Analysis
Debt Level: C is debt free.
Reducing Debt: C has no debt compared to 5 years ago when its debt to equity ratio was 34.1%.
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: C has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: C has less than a year of cash runway if free cash flow continues to grow at historical rates of 25.6% each year.