P2 Gold Balance Sheet Health
Financial Health criteria checks 0/6
P2 Gold has a total shareholder equity of CA$-4.2M and total debt of CA$3.9M, which brings its debt-to-equity ratio to -93.2%. Its total assets and total liabilities are CA$385.3K and CA$4.6M respectively.
Key information
-93.2%
Debt to equity ratio
CA$3.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$18.68k |
| Equity | -CA$4.23m |
| Total liabilities | CA$4.61m |
| Total assets | CA$385.28k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4Z9 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 4Z9 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 4Z9 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 4Z9's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 4Z9's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4Z9's interest payments on its debt are well covered by EBIT.