Spanish Mountain Gold Balance Sheet Health
Financial Health criteria checks 4/6
Spanish Mountain Gold has a total shareholder equity of CA$96.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$97.3M and CA$695.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.31m |
| Equity | CA$96.56m |
| Total liabilities | CA$695.60k |
| Total assets | CA$97.25m |
Recent financial health updates
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?
Jan 26
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?
Sep 28We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully
Mar 09We're Keeping An Eye On Spanish Mountain Gold's (CVE:SPA) Cash Burn Rate
Nov 22We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully
Aug 02Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?
Feb 22Recent updates
Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?
Jan 26Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?
Sep 28We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully
Mar 09We're Keeping An Eye On Spanish Mountain Gold's (CVE:SPA) Cash Burn Rate
Nov 22We Think Spanish Mountain Gold (CVE:SPA) Needs To Drive Business Growth Carefully
Aug 02Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Invest In Growth?
Feb 22Is Spanish Mountain Gold (CVE:SPA) In A Good Position To Deliver On Growth Plans?
Jul 27Financial Position Analysis
Short Term Liabilities: SPA's short term assets (CA$3.6M) exceed its short term liabilities (CA$464.6K).
Long Term Liabilities: SPA's short term assets (CA$3.6M) exceed its long term liabilities (CA$231.0K).
Debt to Equity History and Analysis
Debt Level: SPA is debt free.
Reducing Debt: SPA had no debt 5 years ago.
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: SPA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.6% each year