Plato Gold Balance Sheet Health
Financial Health criteria checks 1/6
Plato Gold has a total shareholder equity of CA$1.2M and total debt of CA$484.6K, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are CA$2.6M and CA$1.4M respectively.
Key information
40.7%
Debt to equity ratio
CA$484.57k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.49k |
| Equity | CA$1.19m |
| Total liabilities | CA$1.37m |
| Total assets | CA$2.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIOV.F's short term assets (CA$41.4K) do not cover its short term liabilities (CA$1.4M).
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 (40.4%) is considered high.
Reducing Debt: NIOV.F's debt to equity ratio has increased from 0% to 40.7% 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 19.2% each year.