Gensource Potash Balance Sheet Health
Financial Health criteria checks 4/6
Gensource Potash has a total shareholder equity of CA$16.1M and total debt of CA$5.4M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are CA$25.7M and CA$9.7M respectively.
Key information
33.4%
Debt to equity ratio
CA$5.37m
Debt
Interest coverage ratio | n/a |
Cash | CA$725.62k |
Equity | CA$16.08m |
Total liabilities | CA$9.67m |
Total assets | CA$25.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGCC.F's short term assets (CA$973.5K) do not cover its short term liabilities (CA$9.7M).
Long Term Liabilities: AGCC.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AGCC.F's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: AGCC.F's debt to equity ratio has increased from 0% to 33.4% 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: AGCC.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AGCC.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.