Plato Gold Balance Sheet Health
Financial Health criteria checks 2/6
Plato Gold has a total shareholder equity of CA$1.2M and total debt of CA$424.1K, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are CA$2.5M and CA$1.3M respectively.
Key information
34.2%
Debt to equity ratio
CA$424.06k
Debt
Interest coverage ratio | n/a |
Cash | CA$21.71k |
Equity | CA$1.24m |
Total liabilities | CA$1.29m |
Total assets | CA$2.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIOV.F's short term assets (CA$69.6K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: NIOV.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NIOV.F's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: NIOV.F's debt to equity ratio has increased from 0% to 34.2% 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: NIOV.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NIOV.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.7% each year.