Snowline Gold Balance Sheet Health
Financial Health criteria checks 6/6
Snowline Gold has a total shareholder equity of CA$40.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$53.1M and CA$13.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$39.85m |
Equity | CA$40.07m |
Total liabilities | CA$13.06m |
Total assets | CA$53.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGD's short term assets (CA$41.2M) exceed its short term liabilities (CA$12.8M).
Long Term Liabilities: SGD's short term assets (CA$41.2M) exceed its long term liabilities (CA$279.3K).
Debt to Equity History and Analysis
Debt Level: SGD is debt free.
Reducing Debt: SGD 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: SGD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SGD has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 81.9% each year.