Pure Gold Mining Financial Health
How is Pure Gold Mining's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PGM.H's short term assets (CA$13.8M) do not cover its short term liabilities (CA$211.5M).
Long Term Liabilities: PGM.H's short term assets (CA$13.8M) do not cover its long term liabilities (CA$20.5M).
Debt to Equity History and Analysis
Debt Level: PGM.H's net debt to equity ratio (475.2%) is considered high.
Reducing Debt: PGM.H's debt to equity ratio has increased from 0% to 488.1% over the past 5 years.
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: PGM.H has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PGM.H has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.