Newcore Gold Balance Sheet Health
Financial Health criteria checks 4/6
Newcore Gold has a total shareholder equity of CA$46.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$46.2M and CA$170.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.75m |
| Equity | CA$46.06m |
| Total liabilities | CA$170.25k |
| Total assets | CA$46.23m |
Recent financial health updates
Will Newcore Gold (CVE:NCAU) Spend Its Cash Wisely?
Mar 04
Will Newcore Gold (CVE:NCAU) Spend Its Cash Wisely?
Apr 19We're Keeping An Eye On Newcore Gold's (CVE:NCAU) Cash Burn Rate
Dec 03Is Newcore Gold (CVE:NCAU) In A Good Position To Deliver On Growth Plans?
Apr 06We Think Newcore Gold (CVE:NCAU) Needs To Drive Business Growth Carefully
Dec 22
Recent updates
Will Newcore Gold (CVE:NCAU) Spend Its Cash Wisely?
Mar 04Will Newcore Gold (CVE:NCAU) Spend Its Cash Wisely?
Apr 19We're Keeping An Eye On Newcore Gold's (CVE:NCAU) Cash Burn Rate
Dec 03Is Newcore Gold (CVE:NCAU) In A Good Position To Deliver On Growth Plans?
Apr 06Have Insiders Been Buying Newcore Gold Ltd. (CVE:NCAU) Shares This Year?
Feb 12We Think Newcore Gold (CVE:NCAU) Needs To Drive Business Growth Carefully
Dec 22Need To Know: Pinecrest Resources Ltd. (CVE:PCR) Insiders Have Been Buying Shares
Jul 15Financial Position Analysis
Short Term Liabilities: NCAU's short term assets (CA$4.1M) exceed its short term liabilities (CA$170.2K).
Long Term Liabilities: NCAU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NCAU is debt free.
Reducing Debt: NCAU 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: NCAU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCAU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.6% each year