Compass Gold Balance Sheet Health
Financial Health criteria checks 1/6
Compass Gold has a total shareholder equity of CA$21.0M and total debt of CA$611.7K, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CA$22.5M and CA$1.4M respectively.
Key information
2.9%
Debt to equity ratio
CA$611.68k
Debt
Interest coverage ratio | n/a |
Cash | CA$18.80k |
Equity | CA$21.05m |
Total liabilities | CA$1.42m |
Total assets | CA$22.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVB's short term assets (CA$82.4K) do not cover its short term liabilities (CA$805.8K).
Long Term Liabilities: CVB's short term assets (CA$82.4K) do not cover its long term liabilities (CA$611.7K).
Debt to Equity History and Analysis
Debt Level: CVB's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: CVB's debt to equity ratio has increased from 0% to 2.9% over the 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: CVB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CVB has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.7% each year.