Cassiar Gold Balance Sheet Health
Financial Health criteria checks 6/6
Cassiar Gold has a total shareholder equity of CA$48.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$52.9M and CA$4.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.79m |
| Equity | CA$48.22m |
| Total liabilities | CA$4.73m |
| Total assets | CA$52.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 756's short term assets (CA$8.6M) exceed its short term liabilities (CA$1.8M).
Long Term Liabilities: 756's short term assets (CA$8.6M) exceed its long term liabilities (CA$2.9M).
Debt to Equity History and Analysis
Debt Level: 756 is debt free.
Reducing Debt: 756 has no debt compared to 5 years ago when its debt to equity ratio was 7.4%.
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: 756 has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 756 is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.