Silver Elephant Mining Balance Sheet Health
Financial Health criteria checks 5/6
Silver Elephant Mining has a total shareholder equity of CA$20.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$26.3M and CA$6.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.22m |
| Equity | CA$20.07m |
| Total liabilities | CA$6.22m |
| Total assets | CA$26.29m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ELEF's short term assets (CA$2.8M) exceed its short term liabilities (CA$2.3M).
Long Term Liabilities: ELEF's short term assets (CA$2.8M) do not cover its long term liabilities (CA$3.9M).
Debt to Equity History and Analysis
Debt Level: ELEF is debt free.
Reducing Debt: ELEF had no debt 5 years ago.
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: ELEF has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ELEF is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.