Lode Gold Resources Balance Sheet Health
Financial Health criteria checks 3/6
Lode Gold Resources has a total shareholder equity of CA$22.2M and total debt of CA$3.5M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CA$27.5M and CA$5.3M respectively.
Key information
16.0%
Debt to equity ratio
CA$3.55m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$293.66k |
| Equity | CA$22.18m |
| Total liabilities | CA$5.29m |
| Total assets | CA$27.47m |
Recent financial health updates
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Mar 14Is Stratabound Minerals (CVE:SB) Using Too Much Debt?
Nov 26Recent updates
Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?
Dec 22Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?
Sep 08Stratabound Minerals (CVE:SB) Is Carrying A Fair Bit Of Debt
Oct 24Stratabound Minerals (CVE:SB) Is Carrying A Fair Bit Of Debt
Jul 07Stratabound Minerals (CVE:SB) Has Debt But No Earnings; Should You Worry?
Mar 14Is Stratabound Minerals (CVE:SB) Using Too Much Debt?
Nov 26Financial Position Analysis
Short Term Liabilities: LOD's short term assets (CA$595.2K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: LOD's short term assets (CA$595.2K) do not cover its long term liabilities (CA$4.0M).
Debt to Equity History and Analysis
Debt Level: LOD's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: LOD's debt to equity ratio has increased from 0.5% to 16% 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: LOD has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LOD is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 14:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lode Gold Resources Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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