Scorpio Gold Balance Sheet Health
Financial Health criteria checks 3/6
Scorpio Gold has a total shareholder equity of $7.3M and total debt of $3.9M, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are $19.8M and $12.5M respectively.
Key information
53.0%
Debt to equity ratio
US$3.89m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.11m |
| Equity | US$7.34m |
| Total liabilities | US$12.48m |
| Total assets | US$19.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZS3A's short term assets ($1.4M) do not cover its short term liabilities ($6.8M).
Long Term Liabilities: ZS3A's short term assets ($1.4M) do not cover its long term liabilities ($5.7M).
Debt to Equity History and Analysis
Debt Level: ZS3A's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: ZS3A's debt to equity ratio has increased from 0% to 53% 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: ZS3A has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ZS3A is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.