Providence Gold Mines Balance Sheet Health
Financial Health criteria checks 5/6
Providence Gold Mines has a total shareholder equity of CA$2.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.6M and CA$106.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.69k |
| Equity | CA$2.51m |
| Total liabilities | CA$106.85k |
| Total assets | CA$2.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7RH1's short term assets (CA$3.7K) do not cover its short term liabilities (CA$106.8K).
Long Term Liabilities: 7RH1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 7RH1 is debt free.
Reducing Debt: 7RH1 had no debt 5 years ago.
Debt Coverage: 7RH1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7RH1 has no debt, therefore coverage of interest payments is not a concern.