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Superior Gold Balance Sheet Health
Financial Health criteria checks 1/6
Superior Gold has a total shareholder equity of $21.2M and total debt of $798.0K, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are $89.5M and $68.3M respectively.
Key information
3.8%
Debt to equity ratio
US$798.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.20m |
| Equity | US$21.23m |
| Total liabilities | US$68.30m |
| Total assets | US$89.52m |
Recent financial health updates
Is Superior Gold (CVE:SGI) A Risky Investment?
May 11
Superior Gold (CVE:SGI) Has Debt But No Earnings; Should You Worry?
Jul 13
Recent updates
Is Superior Gold (CVE:SGI) A Risky Investment?
May 11Returns On Capital At Superior Gold (CVE:SGI) Have Stalled
Oct 05Investors Give Superior Gold Inc. (CVE:SGI) Shares A 27% Hiding
Aug 18Do Superior Gold's (CVE:SGI) Earnings Warrant Your Attention?
May 31Slowing Rates Of Return At Superior Gold (CVE:SGI) Leave Little Room For Excitement
Apr 12There Are Reasons To Feel Uneasy About Superior Gold's (CVE:SGI) Returns On Capital
Nov 11Capital Allocation Trends At Superior Gold (CVE:SGI) Aren't Ideal
Aug 12We Think That There Are Some Issues For Superior Gold (CVE:SGI) Beyond Its Promising Earnings
May 18Have Insiders Been Buying Superior Gold Inc. (CVE:SGI) Shares This Year?
Feb 18How Much Did Superior Gold's(CVE:SGI) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 13Superior Gold Inc.'s (CVE:SGI) Path To Profitability
Dec 08Analyst Forecasts Just Got A Lot More Bearish On Superior Gold Inc. (CVE:SGI)
Aug 02Superior Gold (CVE:SGI) Has Debt But No Earnings; Should You Worry?
Jul 13Financial Position Analysis
Short Term Liabilities: SGI's short term assets ($17.1M) do not cover its short term liabilities ($39.9M).
Long Term Liabilities: SGI's short term assets ($17.1M) do not cover its long term liabilities ($28.4M).
Debt to Equity History and Analysis
Debt Level: SGI has more cash than its total debt.
Reducing Debt: SGI's debt to equity ratio has increased from 0.7% to 3.8% 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: Insufficient data to determine if SGI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SGI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.