Japan Gold Balance Sheet Health
Financial Health criteria checks 3/6
Japan Gold has a total shareholder equity of CA$24.7M and total debt of CA$1.6M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are CA$27.6M and CA$2.9M respectively.
Key information
6.4%
Debt to equity ratio
CA$1.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.38m |
| Equity | CA$24.68m |
| Total liabilities | CA$2.87m |
| Total assets | CA$27.55m |
Financial Position Analysis
Short Term Liabilities: JG's short term assets (CA$3.1M) exceed its short term liabilities (CA$786.1K).
Long Term Liabilities: JG's short term assets (CA$3.1M) exceed its long term liabilities (CA$2.1M).
Debt to Equity History and Analysis
Debt Level: JG has more cash than its total debt.
Reducing Debt: JG's debt to equity ratio has increased from 0% to 6.4% 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: JG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JG has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.3% each year.