Compass Gold Balance Sheet Health
Financial Health criteria checks 1/6
Compass Gold has a total shareholder equity of CA$21.4M and total debt of CA$503.2K, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CA$22.3M and CA$973.1K respectively.
Key information
2.4%
Debt to equity ratio
CA$503.23k
Debt
Interest coverage ratio | n/a |
Cash | CA$252.58k |
Equity | CA$21.37m |
Total liabilities | CA$973.06k |
Total assets | CA$22.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COGD.F's short term assets (CA$413.6K) do not cover its short term liabilities (CA$469.8K).
Long Term Liabilities: COGD.F's short term assets (CA$413.6K) do not cover its long term liabilities (CA$503.2K).
Debt to Equity History and Analysis
Debt Level: COGD.F's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: COGD.F's debt to equity ratio has increased from 0% to 2.4% 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: COGD.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: COGD.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.4% each year