TDG Gold Balance Sheet Health

Financial Health criteria checks 6/6

TDG Gold has a total shareholder equity of CA$7.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.4M and CA$1.9M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$1.05m
EquityCA$7.44m
Total liabilitiesCA$1.94m
Total assetsCA$9.39m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TDG's short term assets (CA$1.8M) exceed its short term liabilities (CA$1.1M).

Long Term Liabilities: TDG's short term assets (CA$1.8M) exceed its long term liabilities (CA$798.5K).


Debt to Equity History and Analysis

Debt Level: TDG is debt free.

Reducing Debt: TDG 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: TDG has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: TDG is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


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