Maple Gold Mines Balance Sheet Health
Financial Health criteria checks 3/6
Maple Gold Mines has a total shareholder equity of CA$3.0M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CA$4.6M and CA$1.5M respectively.
Key information
1.3%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$3.41m |
Equity | CA$3.03m |
Total liabilities | CA$1.53m |
Total assets | CA$4.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGML.F's short term assets (CA$4.3M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: MGML.F's short term assets (CA$4.3M) exceed its long term liabilities (CA$118.5K).
Debt to Equity History and Analysis
Debt Level: MGML.F has more cash than its total debt.
Reducing Debt: MGML.F's debt to equity ratio has increased from 0% to 1.3% 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: MGML.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MGML.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.2% each year