Lion Copper and Gold Balance Sheet Health
Financial Health criteria checks 4/6
Lion Copper and Gold has a total shareholder equity of $8.2M and total debt of $932.0K, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are $17.3M and $9.1M respectively.
Key information
11.4%
Debt to equity ratio
US$932.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.32m |
| Equity | US$8.17m |
| Total liabilities | US$9.10m |
| Total assets | US$17.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QR20's short term assets ($8.5M) do not cover its short term liabilities ($9.1M).
Long Term Liabilities: QR20's short term assets ($8.5M) exceed its long term liabilities ($19.0K).
Debt to Equity History and Analysis
Debt Level: QR20 has more cash than its total debt.
Reducing Debt: QR20's debt to equity ratio has increased from 2.9% to 11.4% 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: QR20 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: QR20 has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 5.6% each year.