Conroy Gold and Natural Resources Balance Sheet Health
Financial Health criteria checks 3/6
Conroy Gold and Natural Resources has a total shareholder equity of €24.5M and total debt of €137.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are €28.5M and €4.0M respectively.
Key information
0.6%
Debt to equity ratio
€137.00k
Debt
| Interest coverage ratio | n/a |
| Cash | €262.23k |
| Equity | €24.53m |
| Total liabilities | €3.95m |
| Total assets | €28.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGNR's short term assets (€526.3K) do not cover its short term liabilities (€3.7M).
Long Term Liabilities: CGNR's short term assets (€526.3K) exceed its long term liabilities (€226.1K).
Debt to Equity History and Analysis
Debt Level: CGNR has more cash than its total debt.
Reducing Debt: CGNR's debt to equity ratio has reduced from 1% to 0.6% 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: Insufficient data to determine if CGNR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CGNR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.