Highway 50 Gold Balance Sheet Health
Financial Health criteria checks 2/6
Highway 50 Gold has a total shareholder equity of CA$843.7K and total debt of CA$384.3K, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are CA$1.2M and CA$402.5K respectively.
Key information
45.6%
Debt to equity ratio
CA$384.32k
Debt
Interest coverage ratio | n/a |
Cash | CA$142.92k |
Equity | CA$843.72k |
Total liabilities | CA$402.50k |
Total assets | CA$1.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HWY's short term assets (CA$152.2K) do not cover its short term liabilities (CA$402.5K).
Long Term Liabilities: HWY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HWY's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: HWY's debt to equity ratio has increased from 0% to 45.6% 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: HWY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HWY has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.8% each year.