Providence Gold Mines Inc.

TSXV:PHD Stock Report

Market Cap: CA$1.5m

Providence Gold Mines Balance Sheet Health

Financial Health criteria checks 5/6

Providence Gold Mines has a total shareholder equity of CA$2.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.6M and CA$106.8K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$3.69k
EquityCA$2.51m
Total liabilitiesCA$106.85k
Total assetsCA$2.62m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PHD's short term assets (CA$3.7K) do not cover its short term liabilities (CA$106.8K).

Long Term Liabilities: PHD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PHD is debt free.

Reducing Debt: PHD had no debt 5 years ago.

Debt Coverage: PHD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PHD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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