Drummond Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Drummond Ventures has a total shareholder equity of CA$123.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$143.7K and CA$20.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$143.67k |
| Equity | CA$123.01k |
| Total liabilities | CA$20.66k |
| Total assets | CA$143.67k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DVX.P's short term assets (CA$143.7K) exceed its short term liabilities (CA$20.7K).
Long Term Liabilities: DVX.P has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DVX.P is debt free.
Reducing Debt: DVX.P 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: DVX.P has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DVX.P has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 6.6% each year.