EnGold Mines Balance Sheet Health
Financial Health criteria checks 3/6
EnGold Mines has a total shareholder equity of CA$877.1K and total debt of CA$125.8K, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CA$2.8M and CA$1.9M respectively.
Key information
14.3%
Debt to equity ratio
CA$125.79k
Debt
Interest coverage ratio | n/a |
Cash | CA$4.77k |
Equity | CA$877.08k |
Total liabilities | CA$1.95m |
Total assets | CA$2.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGM's short term assets (CA$21.9K) do not cover its short term liabilities (CA$1.9M).
Long Term Liabilities: EGM's short term assets (CA$21.9K) do not cover its long term liabilities (CA$67.3K).
Debt to Equity History and Analysis
Debt Level: EGM's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: EGM's debt to equity ratio has increased from 0% to 14.3% 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 1 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.