Four Nines Gold Balance Sheet Health
Financial Health criteria checks 3/6
Four Nines Gold has a total shareholder equity of CA$660.9K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$927.3K and CA$266.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.03k |
| Equity | CA$660.95k |
| Total liabilities | CA$266.34k |
| Total assets | CA$927.29k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F8NA's short term assets (CA$10.9K) do not cover its short term liabilities (CA$266.3K).
Long Term Liabilities: F8NA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: F8NA is debt free.
Reducing Debt: F8NA has no debt compared to 5 years ago when its debt to equity ratio was 129.5%.
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: F8NA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: F8NA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.5% each year