Soma Gold Balance Sheet Health
Financial Health criteria checks 1/6
Soma Gold has a total shareholder equity of CA$11.3M and total debt of CA$33.5M, which brings its debt-to-equity ratio to 297.1%. Its total assets and total liabilities are CA$75.6M and CA$64.3M respectively. Soma Gold's EBIT is CA$13.1M making its interest coverage ratio 1.8. It has cash and short-term investments of CA$3.0M.
Key information
297.1%
Debt to equity ratio
CA$33.51m
Debt
| Interest coverage ratio | 1.8x |
| Cash | CA$3.01m |
| Equity | CA$11.28m |
| Total liabilities | CA$64.30m |
| Total assets | CA$75.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8PR1's short term assets (CA$28.7M) exceed its short term liabilities (CA$18.0M).
Long Term Liabilities: 8PR1's short term assets (CA$28.7M) do not cover its long term liabilities (CA$46.3M).
Debt to Equity History and Analysis
Debt Level: 8PR1's net debt to equity ratio (270.4%) is considered high.
Reducing Debt: 8PR1's debt to equity ratio has increased from 82% to 297.1% over the 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: Insufficient data to determine if 8PR1 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8PR1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 05:32 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Soma Gold Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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