Northern Lion Gold Balance Sheet Health
Financial Health criteria checks 6/6
Northern Lion Gold has a total shareholder equity of CA$386.9K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.1M and CA$694.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$715.77k |
Equity | CA$386.92k |
Total liabilities | CA$694.23k |
Total assets | CA$1.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NL's short term assets (CA$738.9K) exceed its short term liabilities (CA$694.2K).
Long Term Liabilities: NL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NL is debt free.
Reducing Debt: NL 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: NL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NL has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 16.7% each year