Angus Gold Balance Sheet Health
Financial Health criteria checks 6/6
Angus Gold has a total shareholder equity of CA$3.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.4M and CA$1.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.14m |
Equity | CA$3.16m |
Total liabilities | CA$1.20m |
Total assets | CA$4.36m |
Financial Position Analysis
Short Term Liabilities: GUS's short term assets (CA$4.4M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: GUS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GUS is debt free.
Reducing Debt: GUS has not had any debt for 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: GUS has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GUS is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.