K2 Gold Balance Sheet Health
Financial Health criteria checks 4/6
K2 Gold has a total shareholder equity of CA$16.5M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$16.8M and CA$297.8K respectively.
Key information
0.2%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$195.16k |
Equity | CA$16.47m |
Total liabilities | CA$297.82k |
Total assets | CA$16.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KTO's short term assets (CA$293.2K) do not cover its short term liabilities (CA$297.8K).
Long Term Liabilities: KTO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KTO has more cash than its total debt.
Reducing Debt: KTO's debt to equity ratio has increased from 0% to 0.2% 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: KTO has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KTO is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.