Gensource Potash Balance Sheet Health
Financial Health criteria checks 1/6
Gensource Potash has a total shareholder equity of CA$12.1M and total debt of CA$5.9M, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are CA$23.6M and CA$11.5M respectively.
Key information
48.6%
Debt to equity ratio
CA$5.87m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$68.95k |
| Equity | CA$12.08m |
| Total liabilities | CA$11.51m |
| Total assets | CA$23.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UGN's short term assets (CA$325.1K) do not cover its short term liabilities (CA$11.5M).
Long Term Liabilities: UGN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UGN's net debt to equity ratio (48%) is considered high.
Reducing Debt: UGN's debt to equity ratio has increased from 0% to 48.6% 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: UGN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: UGN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6% each year