Engineer Gold Mines Balance Sheet Health
Financial Health criteria checks 3/6
Engineer Gold Mines has a total shareholder equity of CA$4.0M and total debt of CA$111.8K, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CA$4.5M and CA$443.0K respectively.
Key information
2.8%
Debt to equity ratio
CA$111.82k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.37k |
| Equity | CA$4.03m |
| Total liabilities | CA$442.97k |
| Total assets | CA$4.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EAU's short term assets (CA$25.0K) do not cover its short term liabilities (CA$443.0K).
Long Term Liabilities: EAU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EAU's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: EAU's debt to equity ratio has reduced from 4.9% to 2.8% 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: EAU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EAU has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.4% each year.