Maple Gold Mines Balance Sheet Health
Financial Health criteria checks 6/6
Maple Gold Mines has a total shareholder equity of CA$2.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.9M and CA$1.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.70m |
| Equity | CA$2.80m |
| Total liabilities | CA$1.10m |
| Total assets | CA$3.90m |
Recent financial health updates
Maple Gold Mines (CVE:MGM) Will Have To Spend Its Cash Wisely
Aug 06
We're Not Very Worried About Maple Gold Mines' (CVE:MGM) Cash Burn Rate
Mar 10Here's Why We're Watching Maple Gold Mines' (CVE:MGM) Cash Burn Situation
Nov 23Here's Why We're Not Too Worried About Maple Gold Mines' (CVE:MGM) Cash Burn Situation
Aug 05We're Hopeful That Maple Gold Mines (CVE:MGM) Will Use Its Cash Wisely
Apr 12We're Interested To See How Maple Gold Mines (CVE:MGM) Uses Its Cash Hoard To Grow
Jul 14Recent updates
Maple Gold Mines (CVE:MGM) Will Have To Spend Its Cash Wisely
Aug 06We're Not Very Worried About Maple Gold Mines' (CVE:MGM) Cash Burn Rate
Mar 10Here's Why We're Watching Maple Gold Mines' (CVE:MGM) Cash Burn Situation
Nov 23Here's Why We're Not Too Worried About Maple Gold Mines' (CVE:MGM) Cash Burn Situation
Aug 05We're Hopeful That Maple Gold Mines (CVE:MGM) Will Use Its Cash Wisely
Apr 12We're Interested To See How Maple Gold Mines (CVE:MGM) Uses Its Cash Hoard To Grow
Jul 14We're Hopeful That Maple Gold Mines (CVE:MGM) Will Use Its Cash Wisely
Mar 28Financial Position Analysis
Short Term Liabilities: MGM's short term assets (CA$3.7M) exceed its short term liabilities (CA$988.1K).
Long Term Liabilities: MGM's short term assets (CA$3.7M) exceed its long term liabilities (CA$115.5K).
Debt to Equity History and Analysis
Debt Level: MGM is debt free.
Reducing Debt: MGM had no debt 5 years ago.
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: MGM has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MGM is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.