Norrland Gold Balance Sheet Health
Financial Health criteria checks 4/6
Norrland Gold has a total shareholder equity of CA$558.7K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$588.9K and CA$30.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$121.43k |
| Equity | CA$558.68k |
| Total liabilities | CA$30.20k |
| Total assets | CA$588.88k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NORR's short term assets (CA$139.9K) exceed its short term liabilities (CA$30.2K).
Long Term Liabilities: NORR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NORR is debt free.
Reducing Debt: NORR 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: NORR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NORR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.3% each year