Hanstone Gold Balance Sheet Health

Financial Health criteria checks 3/6

Hanstone Gold has a total shareholder equity of CA$489.1K and total debt of CA$225.7K, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are CA$1.6M and CA$1.2M respectively.

Key information

46.2%

Debt to equity ratio

CA$225.74k

Debt

Interest coverage ration/a
CashCA$55.53k
EquityCA$489.07k
Total liabilitiesCA$1.15m
Total assetsCA$1.64m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HGO's short term assets (CA$75.5K) do not cover its short term liabilities (CA$928.9K).

Long Term Liabilities: HGO's short term assets (CA$75.5K) do not cover its long term liabilities (CA$225.7K).


Debt to Equity History and Analysis

Debt Level: HGO's net debt to equity ratio (34.8%) is considered satisfactory.

Reducing Debt: HGO's debt to equity ratio has increased from 0% to 46.2% 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: HGO has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: HGO is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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