NevGold Balance Sheet Health
Financial Health criteria checks 4/6
NevGold has a total shareholder equity of CA$19.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$22.3M and CA$2.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$151.52k |
Equity | CA$19.81m |
Total liabilities | CA$2.47m |
Total assets | CA$22.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAU's short term assets (CA$241.9K) do not cover its short term liabilities (CA$2.0M).
Long Term Liabilities: NAU's short term assets (CA$241.9K) do not cover its long term liabilities (CA$479.7K).
Debt to Equity History and Analysis
Debt Level: NAU is debt free.
Reducing Debt: NAU 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: NAU has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NAU is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.