Asante Gold Balance Sheet Health
Financial Health criteria checks 0/6
Asante Gold has a total shareholder equity of CA$57.0M and total debt of CA$66.5M, which brings its debt-to-equity ratio to 116.7%. Its total assets and total liabilities are CA$915.6M and CA$858.7M respectively.
Key information
116.7%
Debt to equity ratio
CA$66.48m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.33m |
| Equity | CA$56.97m |
| Total liabilities | CA$858.67m |
| Total assets | CA$915.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASGO.F's short term assets (CA$128.3M) do not cover its short term liabilities (CA$697.3M).
Long Term Liabilities: ASGO.F's short term assets (CA$128.3M) do not cover its long term liabilities (CA$161.3M).
Debt to Equity History and Analysis
Debt Level: ASGO.F's net debt to equity ratio (107.3%) is considered high.
Reducing Debt: ASGO.F's debt to equity ratio has increased from 0% to 116.7% 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: ASGO.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ASGO.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.