Compass Gold Balance Sheet Health
Financial Health criteria checks 3/6
Compass Gold has a total shareholder equity of CA$20.7M and total debt of CA$842.4K, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CA$22.7M and CA$2.0M respectively.
Key information
4.1%
Debt to equity ratio
CA$842.41k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$19.63k |
| Equity | CA$20.68m |
| Total liabilities | CA$2.00m |
| Total assets | CA$22.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COGD.F's short term assets (CA$71.3K) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: COGD.F's short term assets (CA$71.3K) do not cover its long term liabilities (CA$842.4K).
Debt to Equity History and Analysis
Debt Level: COGD.F's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: COGD.F's debt to equity ratio has increased from 0% to 4.1% 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 0 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 11:22 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Compass Gold Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Curran | Beacon Securities Limited |