i-80 Gold Balance Sheet Health
Financial Health criteria checks 4/6
i-80 Gold has a total shareholder equity of $466.3M and total debt of $179.2M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are $758.4M and $292.1M respectively.
Key information
38.4%
Debt to equity ratio
US$179.17m
Debt
Interest coverage ratio | n/a |
Cash | US$47.81m |
Equity | US$466.29m |
Total liabilities | US$292.10m |
Total assets | US$758.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8JI's short term assets ($71.3M) do not cover its short term liabilities ($132.4M).
Long Term Liabilities: 8JI's short term assets ($71.3M) do not cover its long term liabilities ($159.7M).
Debt to Equity History and Analysis
Debt Level: 8JI's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 8JI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 8JI has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8JI is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.