Almaden Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Almaden Minerals has a total shareholder equity of CA$6.2M and total debt of CA$4.5M, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are CA$12.2M and CA$6.0M respectively.
Key information
72.8%
Debt to equity ratio
CA$4.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.80m |
| Equity | CA$6.18m |
| Total liabilities | CA$5.98m |
| Total assets | CA$12.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAU N's short term assets (CA$5.3M) exceed its short term liabilities (CA$667.4K).
Long Term Liabilities: AAU N's short term assets (CA$5.3M) do not cover its long term liabilities (CA$5.3M).
Debt to Equity History and Analysis
Debt Level: AAU N's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: AAU N's debt to equity ratio has increased from 0% to 72.8% 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: AAU N has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AAU N has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 38.3% each year.