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 ratio | n/a |
| Cash | CA$2.67k |
| Equity | CA$807.20k |
| Total liabilities | CA$2.03m |
| Total assets | CA$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.