Lion Copper and Gold Balance Sheet Health
Financial Health criteria checks 4/6
Lion Copper and Gold has a total shareholder equity of $8.3M and total debt of $855.0K, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are $20.1M and $11.8M respectively.
Key information
10.4%
Debt to equity ratio
US$855.00k
Debt
Interest coverage ratio | n/a |
Cash | US$10.90m |
Equity | US$8.26m |
Total liabilities | US$11.80m |
Total assets | US$20.06m |
Recent financial health updates
Lion Copper and Gold (CVE:LEO) Has Debt But No Earnings; Should You Worry?
Feb 17Is Lion Copper and Gold (CVE:LEO) A Risky Investment?
Nov 03Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?
Jul 21Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?
Mar 15Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?
Nov 30We're Keeping An Eye On Lion Copper and Gold's (CVE:LEO) Cash Burn Rate
Apr 13Recent updates
Lion Copper and Gold (CVE:LEO) Has Debt But No Earnings; Should You Worry?
Feb 17Is Lion Copper and Gold (CVE:LEO) A Risky Investment?
Nov 03Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?
Jul 21Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?
Mar 15Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?
Nov 30We're Keeping An Eye On Lion Copper and Gold's (CVE:LEO) Cash Burn Rate
Apr 13We're Keeping An Eye On Lion Copper and Gold's (CVE:LEO) Cash Burn Rate
Nov 25Companies Like Quaterra Resources (CVE:QTA) Are In A Position To Invest In Growth
Feb 24Financial Position Analysis
Short Term Liabilities: LEO's short term assets ($11.1M) do not cover its short term liabilities ($11.8M).
Long Term Liabilities: LEO's short term assets ($11.1M) exceed its long term liabilities ($30.0K).
Debt to Equity History and Analysis
Debt Level: LEO has more cash than its total debt.
Reducing Debt: LEO's debt to equity ratio has increased from 2.7% to 10.4% 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: LEO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LEO has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 1.3% each year