MAS Gold Balance Sheet Health
Financial Health criteria checks 2/6
MAS Gold has a total shareholder equity of CA$3.2M and total debt of CA$540.0K, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are CA$3.8M and CA$603.8K respectively.
Key information
16.8%
Debt to equity ratio
CA$540.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$295.19k |
Equity | CA$3.21m |
Total liabilities | CA$603.84k |
Total assets | CA$3.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAS's short term assets (CA$306.6K) do not cover its short term liabilities (CA$603.8K).
Long Term Liabilities: MAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAS's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: MAS's debt to equity ratio has increased from 0% to 16.8% 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 29.5% each year