JZR Gold Balance Sheet Health
Financial Health criteria checks 5/6
JZR Gold has a total shareholder equity of CA$10.4M and total debt of CA$861.6K, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CA$12.4M and CA$1.9M respectively.
Key information
8.3%
Debt to equity ratio
CA$861.63k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$135.65k |
| Equity | CA$10.42m |
| Total liabilities | CA$1.94m |
| Total assets | CA$12.36m |
Financial Position Analysis
Short Term Liabilities: JZR's short term assets (CA$199.4K) do not cover its short term liabilities (CA$1.9M).
Long Term Liabilities: JZR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JZR's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: JZR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: JZR has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: JZR is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.