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 ratio | n/a |
| Cash | CA$55.53k |
| Equity | CA$489.07k |
| Total liabilities | CA$1.15m |
| Total assets | CA$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.