Sabre Gold Mines Balance Sheet Health
Financial Health criteria checks 2/6
Sabre Gold Mines has a total shareholder equity of CA$28.4M and total debt of CA$8.2M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are CA$46.9M and CA$18.5M respectively.
Key information
28.8%
Debt to equity ratio
CA$8.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.25m |
| Equity | CA$28.40m |
| Total liabilities | CA$18.47m |
| Total assets | CA$46.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGLD.F's short term assets (CA$4.2M) do not cover its short term liabilities (CA$7.8M).
Long Term Liabilities: SGLD.F's short term assets (CA$4.2M) do not cover its long term liabilities (CA$10.6M).
Debt to Equity History and Analysis
Debt Level: SGLD.F's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: SGLD.F's debt to equity ratio has reduced from 893.5% to 28.8% 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: SGLD.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SGLD.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.2% each year