Paramount Gold Nevada Balance Sheet Health
Financial Health criteria checks 2/6
Paramount Gold Nevada has a total shareholder equity of $38.2M and total debt of $15.1M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are $56.4M and $18.2M respectively.
Key information
39.6%
Debt to equity ratio
US$15.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.42m |
| Equity | US$38.16m |
| Total liabilities | US$18.21m |
| Total assets | US$56.36m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PZG's short term assets ($6.7M) exceed its short term liabilities ($683.8K).
Long Term Liabilities: PZG's short term assets ($6.7M) do not cover its long term liabilities ($17.5M).
Debt to Equity History and Analysis
Debt Level: PZG's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: PZG's debt to equity ratio has increased from 0% to 39.6% 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: PZG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PZG has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.8% each year.