Osisko Gold Royalties Balance Sheet Health
Financial Health criteria checks 5/6
Osisko Gold Royalties has a total shareholder equity of CA$1.7B and total debt of CA$80.7M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CA$1.9B and CA$207.2M respectively. Osisko Gold Royalties's EBIT is CA$73.7M making its interest coverage ratio 7.5. It has cash and short-term investments of CA$74.1M.
Key information
4.9%
Debt to equity ratio
CA$80.75m
Debt
| Interest coverage ratio | 7.5x |
| Cash | CA$74.11m |
| Equity | CA$1.66b |
| Total liabilities | CA$207.17m |
| Total assets | CA$1.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OM4's short term assets (CA$84.0M) exceed its short term liabilities (CA$19.1M).
Long Term Liabilities: OM4's short term assets (CA$84.0M) do not cover its long term liabilities (CA$188.1M).
Debt to Equity History and Analysis
Debt Level: OM4's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: OM4's debt to equity ratio has reduced from 23.1% to 4.9% 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: Whilst unprofitable OM4 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OM4 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.3% per year.