Advanced Gold Exploration Balance Sheet Health
Financial Health criteria checks 5/6
Advanced Gold Exploration has a total shareholder equity of CA$360.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$836.4K and CA$475.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$27.68k |
| Equity | CA$360.47k |
| Total liabilities | CA$475.94k |
| Total assets | CA$836.41k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4TG's short term assets (CA$65.3K) do not cover its short term liabilities (CA$475.9K).
Long Term Liabilities: 4TG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 4TG is debt free.
Reducing Debt: 4TG 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: 4TG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 4TG is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.