Sitka Gold Balance Sheet Health
Financial Health criteria checks 6/6
Sitka Gold has a total shareholder equity of CA$39.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$42.4M and CA$3.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$10.13m |
| Equity | CA$38.96m |
| Total liabilities | CA$3.43m |
| Total assets | CA$42.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1RF's short term assets (CA$10.6M) exceed its short term liabilities (CA$772.5K).
Long Term Liabilities: 1RF's short term assets (CA$10.6M) exceed its long term liabilities (CA$2.7M).
Debt to Equity History and Analysis
Debt Level: 1RF is debt free.
Reducing Debt: 1RF 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: 1RF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1RF has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 34.3% each year.