Paramount Gold Nevada Balance Sheet Health
Financial Health criteria checks 4/6
Paramount Gold Nevada has a total shareholder equity of $40.8M and total debt of $14.1M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are $61.4M and $20.7M respectively.
Key information
34.6%
Debt to equity ratio
US$14.13m
Debt
Interest coverage ratio | n/a |
Cash | US$8.57m |
Equity | US$40.78m |
Total liabilities | US$20.66m |
Total assets | US$61.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P9G's short term assets ($9.4M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: P9G's short term assets ($9.4M) do not cover its long term liabilities ($16.4M).
Debt to Equity History and Analysis
Debt Level: P9G's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: P9G's debt to equity ratio has increased from 0% to 34.6% 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: P9G has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: P9G has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 4.7% each year.