Angus Gold Balance Sheet Health
Financial Health criteria checks 6/6
Angus Gold has a total shareholder equity of CA$7.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.5M and CA$2.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$9.23m |
| Equity | CA$7.30m |
| Total liabilities | CA$2.18m |
| Total assets | CA$9.48m |
Financial Position Analysis
Short Term Liabilities: GUS's short term assets (CA$9.5M) exceed its short term liabilities (CA$2.2M).
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 more than a year based on its current free cash flow.
Forecast Cash Runway: GUS has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 42.8% each year.