Lavras Gold Balance Sheet Health
Financial Health criteria checks 4/6
Lavras Gold has a total shareholder equity of CA$25.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$26.8M and CA$1.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.42m |
| Equity | CA$25.78m |
| Total liabilities | CA$1.01m |
| Total assets | CA$26.79m |
Financial Position Analysis
Short Term Liabilities: LGC's short term assets (CA$6.5M) exceed its short term liabilities (CA$886.8K).
Long Term Liabilities: LGC's short term assets (CA$6.5M) exceed its long term liabilities (CA$123.7K).
Debt to Equity History and Analysis
Debt Level: LGC is debt free.
Reducing Debt: LGC has not had any debt for 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: LGC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LGC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36% each year