Precipitate Gold Balance Sheet Health
Financial Health criteria checks 6/6
Precipitate Gold has a total shareholder equity of CA$5.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.1M and CA$387.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.13m |
| Equity | CA$5.71m |
| Total liabilities | CA$386.98k |
| Total assets | CA$6.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PREI.F's short term assets (CA$5.2M) exceed its short term liabilities (CA$387.0K).
Long Term Liabilities: PREI.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PREI.F is debt free.
Reducing Debt: PREI.F has not had any debt for past 5 years.
Debt Coverage: PREI.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PREI.F has no debt, therefore coverage of interest payments is not a concern.