SolGold Balance Sheet Health
Financial Health criteria checks 1/6
SolGold has a total shareholder equity of $291.8M and total debt of $155.1M, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are $458.2M and $166.4M respectively.
Key information
53.2%
Debt to equity ratio
US$155.13m
Debt
Interest coverage ratio | n/a |
Cash | US$12.84m |
Equity | US$291.83m |
Total liabilities | US$166.36m |
Total assets | US$458.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLGG.F's short term assets ($20.0M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: SLGG.F's short term assets ($20.0M) do not cover its long term liabilities ($159.5M).
Debt to Equity History and Analysis
Debt Level: SLGG.F's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: SLGG.F's debt to equity ratio has increased from 0% to 53.2% 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: SLGG.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SLGG.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.5% each year.