Viva Gold Balance Sheet Health
Financial Health criteria checks 6/6
Viva Gold has a total shareholder equity of CA$2.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.5M and CA$212.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.21m |
| Equity | CA$2.25m |
| Total liabilities | CA$212.62k |
| Total assets | CA$2.46m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VAU's short term assets (CA$1.4M) exceed its short term liabilities (CA$69.6K).
Long Term Liabilities: VAU's short term assets (CA$1.4M) exceed its long term liabilities (CA$143.0K).
Debt to Equity History and Analysis
Debt Level: VAU is debt free.
Reducing Debt: VAU has no debt compared to 5 years ago when its debt to equity ratio was 25.5%.
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: VAU has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VAU is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.