Omai Gold Mines Balance Sheet Health
Financial Health criteria checks 6/6
Omai Gold Mines has a total shareholder equity of $12.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.2M and $771.9K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.32m |
| Equity | US$12.42m |
| Total liabilities | US$771.91k |
| Total assets | US$13.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OMGG.F's short term assets ($9.8M) exceed its short term liabilities ($771.9K).
Long Term Liabilities: OMGG.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OMGG.F is debt free.
Reducing Debt: OMGG.F has no debt compared to 5 years ago when its debt to equity ratio was 3432.6%.
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: OMGG.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: OMGG.F has sufficient cash runway for 2.7 years if free cash flow continues to grow at historical rates of 4.4% each year.