CGX Energy Balance Sheet Health
Financial Health criteria checks 3/6
CGX Energy has a total shareholder equity of $61.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $79.8M and $18.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.72m |
| Equity | US$61.34m |
| Total liabilities | US$18.47m |
| Total assets | US$79.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GXCN's short term assets ($3.0M) do not cover its short term liabilities ($18.3M).
Long Term Liabilities: GXCN's short term assets ($3.0M) exceed its long term liabilities ($133.0K).
Debt to Equity History and Analysis
Debt Level: GXCN is debt free.
Reducing Debt: GXCN 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: GXCN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GXCN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.8% each year