St-Georges Eco-Mining Balance Sheet Health
Financial Health criteria checks 3/6
St-Georges Eco-Mining has a total shareholder equity of CA$17.8M and total debt of CA$4.6M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are CA$27.5M and CA$9.7M respectively.
Key information
25.9%
Debt to equity ratio
CA$4.62m
Debt
Interest coverage ratio | n/a |
Cash | CA$1.69m |
Equity | CA$17.82m |
Total liabilities | CA$9.66m |
Total assets | CA$27.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SXOO.F's short term assets (CA$2.6M) do not cover its short term liabilities (CA$8.4M).
Long Term Liabilities: SXOO.F's short term assets (CA$2.6M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: SXOO.F's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: SXOO.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: SXOO.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SXOO.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.5% each year