St-Georges Eco-Mining Balance Sheet Health
Financial Health criteria checks 3/6
St-Georges Eco-Mining has a total shareholder equity of CA$23.8M and total debt of CA$75.4K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CA$27.9M and CA$4.2M respectively.
Key information
0.3%
Debt to equity ratio
CA$75.43k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.37m |
| Equity | CA$23.76m |
| Total liabilities | CA$4.18m |
| Total assets | CA$27.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 85G1's short term assets (CA$1.9M) do not cover its short term liabilities (CA$2.8M).
Long Term Liabilities: 85G1's short term assets (CA$1.9M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: 85G1 has more cash than its total debt.
Reducing Debt: 85G1 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 85G1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 85G1's interest payments on its debt are well covered by EBIT.