Plato Gold Balance Sheet Health
Financial Health criteria checks 2/6
Plato Gold has a total shareholder equity of CA$1.2M and total debt of CA$458.6K, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are CA$2.5M and CA$1.3M respectively.
Key information
38.3%
Debt to equity ratio
CA$458.65k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$10.09k |
| Equity | CA$1.20m |
| Total liabilities | CA$1.34m |
| Total assets | CA$2.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGC's short term assets (CA$53.7K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: PGC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PGC's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: PGC's debt to equity ratio has increased from 0.3% to 38.3% over the 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: PGC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PGC has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.5% each year.