Norrland Gold Balance Sheet Health
Financial Health criteria checks 6/6
Norrland Gold has a total shareholder equity of CA$752.6K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$858.1K and CA$105.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$457.32k |
Equity | CA$752.64k |
Total liabilities | CA$105.45k |
Total assets | CA$858.09k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8VC's short term assets (CA$460.4K) exceed its short term liabilities (CA$105.4K).
Long Term Liabilities: 8VC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8VC is debt free.
Reducing Debt: 8VC had no debt 5 years ago.
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: 8VC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8VC has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 30.5% each year.