NuLegacy Gold Balance Sheet Health
Financial Health criteria checks 4/6
NuLegacy Gold has a total shareholder equity of CA$46.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$46.8M and CA$333.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$437.61k |
| Equity | CA$46.48m |
| Total liabilities | CA$333.71k |
| Total assets | CA$46.82m |
Financial Position Analysis
Short Term Liabilities: NUG's short term assets (CA$548.0K) exceed its short term liabilities (CA$333.7K).
Long Term Liabilities: NUG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NUG is debt free.
Reducing Debt: NUG 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: NUG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NUG has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.5% each year.