Banyan Gold Balance Sheet Health
Financial Health criteria checks 6/6
Banyan Gold has a total shareholder equity of CA$61.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$71.7M and CA$9.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$18.08m |
| Equity | CA$61.83m |
| Total liabilities | CA$9.87m |
| Total assets | CA$71.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAJ's short term assets (CA$18.5M) exceed its short term liabilities (CA$9.9M).
Long Term Liabilities: BAJ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BAJ is debt free.
Reducing Debt: BAJ has not had any debt for 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: BAJ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BAJ has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 34.7% each year.