Spanish Mountain Gold Balance Sheet Health
Financial Health criteria checks 6/6
Spanish Mountain Gold has a total shareholder equity of CA$98.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$100.0M and CA$1.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.17m |
| Equity | CA$98.81m |
| Total liabilities | CA$1.15m |
| Total assets | CA$99.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S3Y's short term assets (CA$4.4M) exceed its short term liabilities (CA$734.0K).
Long Term Liabilities: S3Y's short term assets (CA$4.4M) exceed its long term liabilities (CA$411.8K).
Debt to Equity History and Analysis
Debt Level: S3Y is debt free.
Reducing Debt: S3Y had no debt 5 years ago.
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: S3Y has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: S3Y is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.