EnGold Mines Balance Sheet Health
Financial Health criteria checks 1/6
EnGold Mines has a total shareholder equity of CA$984.2K and total debt of CA$101.8K, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CA$2.8M and CA$1.8M respectively.
Key information
10.3%
Debt to equity ratio
CA$101.80k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.16k |
Equity | CA$984.22k |
Total liabilities | CA$1.85m |
Total assets | CA$2.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GWRR.F's short term assets (CA$17.8K) do not cover its short term liabilities (CA$1.8M).
Long Term Liabilities: GWRR.F's short term assets (CA$17.8K) do not cover its long term liabilities (CA$18.7K).
Debt to Equity History and Analysis
Debt Level: GWRR.F's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: GWRR.F's debt to equity ratio has increased from 0% to 10.3% 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: GWRR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GWRR.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 10% each year.