Chesapeake Gold Balance Sheet Health
Financial Health criteria checks 6/6
Chesapeake Gold has a total shareholder equity of CA$149.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$160.2M and CA$11.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$21.84m |
Equity | CA$149.14m |
Total liabilities | CA$11.06m |
Total assets | CA$160.19m |
Recent financial health updates
Chesapeake Gold (CVE:CKG) Is In A Good Position To Deliver On Growth Plans
Nov 10We're Not Very Worried About Chesapeake Gold's (CVE:CKG) Cash Burn Rate
Jul 26We Think Chesapeake Gold (CVE:CKG) Can Easily Afford To Drive Business Growth
Apr 01Here's Why We're Not Too Worried About Chesapeake Gold's (CVE:CKG) Cash Burn Situation
Jul 27Recent updates
Chesapeake Gold (CVE:CKG) Is In A Good Position To Deliver On Growth Plans
Nov 10We're Not Very Worried About Chesapeake Gold's (CVE:CKG) Cash Burn Rate
Jul 26We Think Chesapeake Gold (CVE:CKG) Can Easily Afford To Drive Business Growth
Apr 01Here's Why We're Not Too Worried About Chesapeake Gold's (CVE:CKG) Cash Burn Situation
Jul 27How Many Chesapeake Gold Corp. (CVE:CKG) Shares Did Insiders Buy, In The Last Year?
Feb 25Is Chesapeake Gold Corp. (CVE:CKG) Popular Amongst Insiders?
Jan 04Financial Position Analysis
Short Term Liabilities: CKG's short term assets (CA$23.6M) exceed its short term liabilities (CA$1.7M).
Long Term Liabilities: CKG's short term assets (CA$23.6M) exceed its long term liabilities (CA$9.3M).
Debt to Equity History and Analysis
Debt Level: CKG is debt free.
Reducing Debt: CKG has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.
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: CKG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CKG has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 19.8% each year.