Conroy Gold and Natural Resources Balance Sheet Health
Financial Health criteria checks 3/6
Conroy Gold and Natural Resources has a total shareholder equity of €22.6M and total debt of €137.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are €26.4M and €3.7M respectively.
Key information
0.6%
Debt to equity ratio
€137.00k
Debt
| Interest coverage ratio | n/a |
| Cash | €961.41k |
| Equity | €22.62m |
| Total liabilities | €3.75m |
| Total assets | €26.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGDN.F's short term assets (€1.3M) do not cover its short term liabilities (€3.7M).
Long Term Liabilities: CGDN.F's short term assets (€1.3M) exceed its long term liabilities (€25.9K).
Debt to Equity History and Analysis
Debt Level: CGDN.F has more cash than its total debt.
Reducing Debt: CGDN.F's debt to equity ratio has reduced from 1.1% to 0.6% 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: CGDN.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CGDN.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.8% each year