Compass Gold Balance Sheet Health
Financial Health criteria checks 3/6
Compass Gold has a total shareholder equity of CA$20.9M and total debt of CA$804.8K, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CA$22.6M and CA$1.8M respectively.
Key information
3.9%
Debt to equity ratio
CA$804.78k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$79.03k |
| Equity | CA$20.87m |
| Total liabilities | CA$1.75m |
| Total assets | CA$22.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COGD.F's short term assets (CA$159.2K) do not cover its short term liabilities (CA$947.4K).
Long Term Liabilities: COGD.F's short term assets (CA$159.2K) do not cover its long term liabilities (CA$804.8K).
Debt to Equity History and Analysis
Debt Level: COGD.F's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: COGD.F's debt to equity ratio has increased from 0% to 3.9% 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: COGD.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: COGD.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.