Engineer Gold Mines Balance Sheet Health
Financial Health criteria checks 1/6
Engineer Gold Mines has a total shareholder equity of CA$4.1M and total debt of CA$226.4K, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CA$4.5M and CA$388.4K respectively.
Key information
5.5%
Debt to equity ratio
CA$226.45k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.08k |
Equity | CA$4.13m |
Total liabilities | CA$388.37k |
Total assets | CA$4.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGML.F's short term assets (CA$24.4K) do not cover its short term liabilities (CA$358.4K).
Long Term Liabilities: EGML.F's short term assets (CA$24.4K) do not cover its long term liabilities (CA$30.0K).
Debt to Equity History and Analysis
Debt Level: EGML.F's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EGML.F's debt to equity ratio has reduced 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: EGML.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EGML.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.2% each year.