Lavras Gold Balance Sheet Health

Financial Health criteria checks 4/6

Lavras Gold has a total shareholder equity of CA$25.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$26.8M and CA$1.0M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$6.42m
EquityCA$25.78m
Total liabilitiesCA$1.01m
Total assetsCA$26.79m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LGCF.F's short term assets (CA$6.5M) exceed its short term liabilities (CA$886.8K).

Long Term Liabilities: LGCF.F's short term assets (CA$6.5M) exceed its long term liabilities (CA$123.7K).


Debt to Equity History and Analysis

Debt Level: LGCF.F is debt free.

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

Forecast Cash Runway: LGCF.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36% each year


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