Freegold Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Freegold Ventures has a total shareholder equity of $95.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $96.9M and $1.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$4.63m |
Equity | US$95.67m |
Total liabilities | US$1.19m |
Total assets | US$96.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FGOV.F's short term assets ($4.8M) exceed its short term liabilities ($766.5K).
Long Term Liabilities: FGOV.F's short term assets ($4.8M) exceed its long term liabilities ($423.7K).
Debt to Equity History and Analysis
Debt Level: FGOV.F is debt free.
Reducing Debt: FGOV.F has not had any debt for 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: FGOV.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FGOV.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.4% each year