Saga Metals Balance Sheet Health
Financial Health criteria checks 6/6
Saga Metals has a total shareholder equity of CA$1.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$129.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$388.59k |
| Equity | CA$1.09m |
| Total liabilities | CA$129.01k |
| Total assets | CA$1.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 20H's short term assets (CA$408.6K) exceed its short term liabilities (CA$129.0K).
Long Term Liabilities: 20H has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 20H is debt free.
Reducing Debt: 20H has not had any debt for past 5 years.
Debt Coverage: 20H has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 20H has no debt, therefore coverage of interest payments is not a concern.