NuLegacy Gold Balance Sheet Health
Financial Health criteria checks 5/6
NuLegacy 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$46.6M and CA$419.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$150.67k |
| Equity | CA$46.13m |
| Total liabilities | CA$419.75k |
| Total assets | CA$46.55m |
Financial Position Analysis
Short Term Liabilities: NUG's short term assets (CA$195.3K) do not cover its short term liabilities (CA$419.7K).
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 sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NUG is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.