Lara Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Lara Exploration has a total shareholder equity of CA$5.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.6M and CA$137.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$379.97k |
| Equity | CA$5.42m |
| Total liabilities | CA$137.55k |
| Total assets | CA$5.56m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LRA's short term assets (CA$2.0M) exceed its short term liabilities (CA$137.5K).
Long Term Liabilities: LRA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LRA is debt free.
Reducing Debt: LRA has not had any debt for 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: LRA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LRA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.1% each year