Solis Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Solis Minerals has a total shareholder equity of CA$9.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.0M and CA$409.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.51m |
| Equity | CA$9.62m |
| Total liabilities | CA$409.82k |
| Total assets | CA$10.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLM's short term assets (CA$2.7M) exceed its short term liabilities (CA$400.0K).
Long Term Liabilities: SLM's short term assets (CA$2.7M) exceed its long term liabilities (CA$9.8K).
Debt to Equity History and Analysis
Debt Level: SLM is debt free.
Reducing Debt: SLM has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
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: SLM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SLM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46% each year