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Pure Gold Mining Balance Sheet Health
Financial Health criteria checks 0/6
Pure Gold Mining has a total shareholder equity of CA$28.7M and total debt of CA$140.1M, which brings its debt-to-equity ratio to 488.1%. Its total assets and total liabilities are CA$260.6M and CA$231.9M respectively.
Key information
488.1%
Debt to equity ratio
CA$140.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.71m |
| Equity | CA$28.71m |
| Total liabilities | CA$231.92m |
| Total assets | CA$260.63m |
Recent financial health updates
Recent updates
Pure Gold Mining Inc. (CVE:PGM) Shares Could Be 37% Below Their Intrinsic Value Estimate
Oct 18
These Analysts Think Pure Gold Mining Inc.'s (CVE:PGM) Sales Are Under Threat
Mar 30Is Pure Gold Mining (CVE:PGM) A Risky Investment?
Jan 27How Much Of Pure Gold Mining Inc. (CVE:PGM) Do Insiders Own?
Mar 05Are Insiders Buying Pure Gold Mining Inc. (CVE:PGM) Stock?
Jan 11
What Kind Of Shareholders Hold The Majority In Pure Gold Mining Inc.'s (CVE:PGM) Shares?
Nov 18Financial 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.
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: PGM.H has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PGM.H has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.1% each year