Radius Gold Balance Sheet Health
Financial Health criteria checks 6/6
Radius Gold has a total shareholder equity of CA$1.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.1M and CA$627.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.82m |
| Equity | CA$1.50m |
| Total liabilities | CA$626.99k |
| Total assets | CA$2.12m |
Recent financial health updates
We're Hopeful That Radius Gold (CVE:RDU) Will Use Its Cash Wisely
Sep 20
Here's Why We're Not Too Worried About Radius Gold's (CVE:RDU) Cash Burn Situation
Feb 25We're Not Very Worried About Radius Gold's (CVE:RDU) Cash Burn Rate
Nov 04We're Hopeful That Radius Gold (CVE:RDU) Will Use Its Cash Wisely
Jul 22Recent updates
We're Hopeful That Radius Gold (CVE:RDU) Will Use Its Cash Wisely
Sep 20Here's Why We're Not Too Worried About Radius Gold's (CVE:RDU) Cash Burn Situation
Feb 25We're Not Very Worried About Radius Gold's (CVE:RDU) Cash Burn Rate
Nov 04We're Hopeful That Radius Gold (CVE:RDU) Will Use Its Cash Wisely
Jul 22Financial Position Analysis
Short Term Liabilities: RDU's short term assets (CA$2.0M) exceed its short term liabilities (CA$627.0K).
Long Term Liabilities: RDU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RDU is debt free.
Reducing Debt: RDU has not had any debt for 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: RDU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RDU has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 9.9% each year.