Minaurum Gold Balance Sheet Health
Financial Health criteria checks 4/6
Minaurum Gold has a total shareholder equity of CA$10.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.4M and CA$391.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.55m |
| Equity | CA$9.96m |
| Total liabilities | CA$391.63k |
| Total assets | CA$10.35m |
Recent financial health updates
Here's Why We're Not Too Worried About Minaurum Gold's (CVE:MGG) Cash Burn Situation
Oct 09
Is Minaurum Gold (CVE:MGG) In A Good Position To Invest In Growth?
Nov 29We Think Minaurum Gold (CVE:MGG) Needs To Drive Business Growth Carefully
May 15Minaurum Gold (CVE:MGG) Is In A Good Position To Deliver On Growth Plans
Jan 30
Recent updates
Here's Why We're Not Too Worried About Minaurum Gold's (CVE:MGG) Cash Burn Situation
Oct 09Is Minaurum Gold (CVE:MGG) In A Good Position To Invest In Growth?
Nov 29We Think Minaurum Gold (CVE:MGG) Needs To Drive Business Growth Carefully
May 15Minaurum Gold (CVE:MGG) Is In A Good Position To Deliver On Growth Plans
Jan 30Financial Position Analysis
Short Term Liabilities: MGG's short term assets (CA$2.7M) exceed its short term liabilities (CA$233.6K).
Long Term Liabilities: MGG's short term assets (CA$2.7M) exceed its long term liabilities (CA$158.0K).
Debt to Equity History and Analysis
Debt Level: MGG is debt free.
Reducing Debt: MGG 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: MGG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MGG has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.4% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 14:27 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
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
Minaurum Gold 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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