Jubilee Gold Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Jubilee Gold Exploration has a total shareholder equity of CA$7.2M and total debt of CA$87.5K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CA$7.5M and CA$227.2K respectively.
Key information
1.2%
Debt to equity ratio
CA$87.50k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.16m |
| Equity | CA$7.24m |
| Total liabilities | CA$227.20k |
| Total assets | CA$7.47m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: JUB.H's short term assets (CA$7.2M) exceed its short term liabilities (CA$197.3K).
Long Term Liabilities: JUB.H's short term assets (CA$7.2M) exceed its long term liabilities (CA$29.9K).
Debt to Equity History and Analysis
Debt Level: JUB.H has more cash than its total debt.
Reducing Debt: JUB.H's debt to equity ratio has reduced from 3.5% to 1.2% over the past 5 years.
Debt Coverage: JUB.H's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if JUB.H's interest payments on its debt are well covered by EBIT.