Eminent Gold Balance Sheet Health
Financial Health criteria checks 5/6
Eminent Gold has a total shareholder equity of CA$2.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.1M and CA$334.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$207.05k |
| Equity | CA$2.72m |
| Total liabilities | CA$334.87k |
| Total assets | CA$3.06m |
Financial Position Analysis
Short Term Liabilities: EMNT's short term assets (CA$305.0K) do not cover its short term liabilities (CA$334.9K).
Long Term Liabilities: EMNT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EMNT is debt free.
Reducing Debt: EMNT currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: EMNT has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EMNT is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.