Solstice Gold Balance Sheet Health
Financial Health criteria checks 3/6
Solstice Gold has a total shareholder equity of CA$551.0K and total debt of CA$60.0K, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CA$792.9K and CA$241.9K respectively.
Key information
10.9%
Debt to equity ratio
CA$60.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$770.97k |
| Equity | CA$551.02k |
| Total liabilities | CA$241.88k |
| Total assets | CA$792.90k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGCP.F's short term assets (CA$792.9K) exceed its short term liabilities (CA$181.9K).
Long Term Liabilities: SGCP.F's short term assets (CA$792.9K) exceed its long term liabilities (CA$60.0K).
Debt to Equity History and Analysis
Debt Level: SGCP.F has more cash than its total debt.
Reducing Debt: SGCP.F's debt to equity ratio has increased from 0% to 10.9% 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: SGCP.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SGCP.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.5% each year.