Inca One Gold Balance Sheet Health
Financial Health criteria checks 2/6
Inca One Gold has a total shareholder equity of $-4.6M and total debt of $15.5M, which brings its debt-to-equity ratio to -336.7%. Its total assets and total liabilities are $23.1M and $27.6M respectively.
Key information
-336.7%
Debt to equity ratio
US$15.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.25m |
| Equity | -US$4.59m |
| Total liabilities | US$27.64m |
| Total assets | US$23.05m |
Recent financial health updates
Is Inca One Gold (CVE:INCA) A Risky Investment?
Jan 13
Health Check: How Prudently Does Inca One Gold (CVE:IO) Use Debt?
Feb 22Is Inca One Gold (CVE:IO) Using Too Much Debt?
Nov 24
Recent updates
Shareholders May Be Wary Of Increasing Inca One Gold Corp.'s (CVE:INCA) CEO Compensation Package
Dec 08There's No Escaping Inca One Gold Corp.'s (CVE:INCA) Muted Revenues
Sep 15Is Inca One Gold (CVE:INCA) A Risky Investment?
Jan 13Health Check: How Prudently Does Inca One Gold (CVE:IO) Use Debt?
Feb 22This Insider Has Just Sold Shares In Inca One Gold Corp. (CVE:IO)
Dec 09Is Inca One Gold (CVE:IO) Using Too Much Debt?
Nov 24Financial Position Analysis
Short Term Liabilities: INCA.H has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: INCA.H has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: INCA.H has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: INCA.H's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable INCA.H has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INCA.H is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.9% per year.