Japan Gold Balance Sheet Health
Financial Health criteria checks 6/6
Japan Gold has a total shareholder equity of CA$27.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$28.8M and CA$1.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$3.40m |
Equity | CA$27.74m |
Total liabilities | CA$1.05m |
Total assets | CA$28.78m |
Financial Position Analysis
Short Term Liabilities: JG's short term assets (CA$4.1M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: JG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JG is debt free.
Reducing Debt: JG has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
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: JG has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: JG is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.