Precipitate Gold Balance Sheet Health
Financial Health criteria checks 6/6
Precipitate Gold has a total shareholder equity of CA$5.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.2M and CA$383.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.30m |
Equity | CA$5.86m |
Total liabilities | CA$383.40k |
Total assets | CA$6.24m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PRG's short term assets (CA$5.3M) exceed its short term liabilities (CA$383.4K).
Long Term Liabilities: PRG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PRG is debt free.
Reducing Debt: PRG has not had any debt for past 5 years.
Debt Coverage: PRG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PRG has no debt, therefore coverage of interest payments is not a concern.