Engineer Gold Mines Balance Sheet Health
Financial Health criteria checks 2/6
Engineer Gold Mines has a total shareholder equity of CA$4.1M and total debt of CA$162.0K, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CA$4.5M and CA$383.6K respectively.
Key information
3.9%
Debt to equity ratio
CA$161.99k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.51k |
Equity | CA$4.11m |
Total liabilities | CA$383.59k |
Total assets | CA$4.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EAU's short term assets (CA$20.6K) do not cover its short term liabilities (CA$383.6K).
Long Term Liabilities: EAU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EAU's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: EAU's debt to equity ratio has increased from 2% to 3.9% 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: 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 23.8% each year.