MAS Gold Balance Sheet Health
Financial Health criteria checks 3/6
MAS Gold has a total shareholder equity of CA$3.1M and total debt of CA$540.0K, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CA$3.7M and CA$567.7K respectively.
Key information
17.5%
Debt to equity ratio
CA$540.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$122.58k |
| Equity | CA$3.08m |
| Total liabilities | CA$567.68k |
| Total assets | CA$3.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAS's short term assets (CA$141.2K) do not cover its short term liabilities (CA$567.7K).
Long Term Liabilities: MAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAS's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: MAS's debt to equity ratio has reduced from 42.8% to 17.5% 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: MAS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MAS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.5% each year