American Pacific Mining Balance Sheet Health
Financial Health criteria checks 4/6
American Pacific Mining has a total shareholder equity of CA$35.4M and total debt of CA$8.4M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CA$47.1M and CA$11.7M respectively.
Key information
23.6%
Debt to equity ratio
CA$8.36m
Debt
Interest coverage ratio | n/a |
Cash | CA$3.16m |
Equity | CA$35.43m |
Total liabilities | CA$11.69m |
Total assets | CA$47.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USGD.F's short term assets (CA$4.3M) do not cover its short term liabilities (CA$10.9M).
Long Term Liabilities: USGD.F's short term assets (CA$4.3M) exceed its long term liabilities (CA$773.6K).
Debt to Equity History and Analysis
Debt Level: USGD.F's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: USGD.F's debt to equity ratio has increased from 7.6% to 23.6% 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: USGD.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: USGD.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.