Minaurum Gold Balance Sheet Health
Financial Health criteria checks 6/6
Minaurum Gold has a total shareholder equity of CA$12.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$12.4M and CA$323.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.73m |
| Equity | CA$12.08m |
| Total liabilities | CA$323.26k |
| Total assets | CA$12.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 78M's short term assets (CA$4.9M) exceed its short term liabilities (CA$165.3K).
Long Term Liabilities: 78M's short term assets (CA$4.9M) exceed its long term liabilities (CA$158.0K).
Debt to Equity History and Analysis
Debt Level: 78M is debt free.
Reducing Debt: 78M has not had any debt for past 5 years.
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: 78M has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 78M has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 6.5% each year.