Harvest Gold Balance Sheet Health
Financial Health criteria checks 6/6
Harvest 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$2.9M and CA$263.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$269.23k |
| Equity | CA$2.68m |
| Total liabilities | CA$263.29k |
| Total assets | CA$2.94m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HVG's short term assets (CA$289.9K) exceed its short term liabilities (CA$263.3K).
Long Term Liabilities: HVG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HVG is debt free.
Reducing Debt: HVG 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: HVG has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HVG is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.