Pinnacle Silver and Gold Balance Sheet Health
Financial Health criteria checks 4/6
Pinnacle Silver and Gold has a total shareholder equity of CA$278.6K and total debt of CA$40.6K, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CA$918.1K and CA$639.5K respectively.
Key information
14.6%
Debt to equity ratio
CA$40.61k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$142.80k |
| Equity | CA$278.64k |
| Total liabilities | CA$639.45k |
| Total assets | CA$918.09k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0V9B's short term assets (CA$316.8K) do not cover its short term liabilities (CA$417.2K).
Long Term Liabilities: 0V9B's short term assets (CA$316.8K) exceed its long term liabilities (CA$222.2K).
Debt to Equity History and Analysis
Debt Level: 0V9B has more cash than its total debt.
Reducing Debt: 0V9B's debt to equity ratio has increased from 0% to 14.6% 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: 0V9B has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 0V9B is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.