Canagold Resources Ltd.

OTCPK:CRCU.F Stock Report

Market Cap: US$37.5m

Canagold Resources Balance Sheet Health

Financial Health criteria checks 4/6

Canagold Resources has a total shareholder equity of $32.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $34.8M and $2.8M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$1.91m
EquityUS$31.98m
Total liabilitiesUS$2.78m
Total assetsUS$34.76m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CRCU.F's short term assets ($2.2M) exceed its short term liabilities ($943.0K).

Long Term Liabilities: CRCU.F's short term assets ($2.2M) exceed its long term liabilities ($1.8M).


Debt to Equity History and Analysis

Debt Level: CRCU.F is debt free.

Reducing Debt: CRCU.F had no debt 5 years ago.


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: CRCU.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CRCU.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.4% each year


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