Maple Gold Mines Balance Sheet Health
Financial Health criteria checks 6/6
Maple Gold Mines has a total shareholder equity of CA$2.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.5M and CA$3.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.28m |
| Equity | CA$2.41m |
| Total liabilities | CA$3.11m |
| Total assets | CA$5.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGML.F's short term assets (CA$5.2M) exceed its short term liabilities (CA$2.9M).
Long Term Liabilities: MGML.F's short term assets (CA$5.2M) exceed its long term liabilities (CA$256.1K).
Debt to Equity History and Analysis
Debt Level: MGML.F is debt free.
Reducing Debt: MGML.F had no debt 5 years ago.
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: MGML.F has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MGML.F is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.