ESGold Balance Sheet Health
Financial Health criteria checks 3/6
ESGold has a total shareholder equity of CA$5.6M and total debt of CA$209.3K, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CA$9.6M and CA$4.0M respectively.
Key information
3.7%
Debt to equity ratio
CA$209.25k
Debt
Interest coverage ratio | n/a |
Cash | CA$36.51k |
Equity | CA$5.59m |
Total liabilities | CA$3.98m |
Total assets | CA$9.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z7D's short term assets (CA$29.3K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: Z7D's short term assets (CA$29.3K) do not cover its long term liabilities (CA$2.6M).
Debt to Equity History and Analysis
Debt Level: Z7D's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: Z7D's debt to equity ratio has increased from 1.9% to 3.7% 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: Z7D has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Z7D has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.4% each year