Nevada King Gold Corp.

OTCPK:NKGF.F Stock Report

Market Cap: US$79.3m

Nevada King Gold Balance Sheet Health

Financial Health criteria checks 6/6

Nevada King Gold has a total shareholder equity of CA$32.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$33.5M and CA$764.0K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$2.70m
EquityCA$32.72m
Total liabilitiesCA$763.96k
Total assetsCA$33.49m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NKGF.F's short term assets (CA$2.9M) exceed its short term liabilities (CA$764.0K).

Long Term Liabilities: NKGF.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NKGF.F is debt free.

Reducing Debt: NKGF.F has not had any debt for 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: NKGF.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: NKGF.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


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