EnGold Mines Balance Sheet Health

Financial Health criteria checks 3/6

EnGold Mines has a total shareholder equity of CA$807.2K and total debt of CA$129.6K, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CA$2.8M and CA$2.0M respectively.

Key information

16.1%

Debt to equity ratio

CA$129.64k

Debt

Interest coverage ration/a
CashCA$2.67k
EquityCA$807.20k
Total liabilitiesCA$2.03m
Total assetsCA$2.84m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: EGM's short term assets (CA$10.9K) do not cover its short term liabilities (CA$2.0M).

Long Term Liabilities: EGM's short term assets (CA$10.9K) do not cover its long term liabilities (CA$61.3K).


Debt to Equity History and Analysis

Debt Level: EGM's net debt to equity ratio (15.7%) is considered satisfactory.

Reducing Debt: EGM's debt to equity ratio has increased from 0% to 16.1% 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: EGM has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: EGM is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Discover healthy companies