P2 Gold Balance Sheet Health
Financial Health criteria checks 0/6
P2 Gold has a total shareholder equity of CA$-3.7M and total debt of CA$4.3M, which brings its debt-to-equity ratio to -114%. Its total assets and total liabilities are CA$915.7K and CA$4.7M respectively.
Key information
-114.0%
Debt to equity ratio
CA$4.27m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$646.95k |
| Equity | -CA$3.75m |
| Total liabilities | CA$4.66m |
| Total assets | CA$915.72k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGLD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PGLD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PGLD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PGLD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PGLD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PGLD's interest payments on its debt are well covered by EBIT.