Magnum Goldcorp Balance Sheet Health
Financial Health criteria checks 2/6
Magnum Goldcorp has a total shareholder equity of CA$3.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.6M and CA$138.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$622.00 |
Equity | CA$3.48m |
Total liabilities | CA$138.44k |
Total assets | CA$3.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGID.F's short term assets (CA$7.5K) do not cover its short term liabilities (CA$84.4K).
Long Term Liabilities: MGID.F's short term assets (CA$7.5K) do not cover its long term liabilities (CA$54.0K).
Debt to Equity History and Analysis
Debt Level: MGID.F is debt free.
Reducing Debt: MGID.F has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.
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: MGID.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MGID.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.9% each year.