Azincourt Energy Balance Sheet Health

Financial Health criteria checks 6/6

Azincourt Energy has a total shareholder equity of CA$8.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.0M and CA$494.4K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$4.10m
Equity	CA$8.49m
Total liabilities	CA$494.44k
Total assets	CA$8.98m

Recent financial health updates

We Think Azincourt Energy (CVE:AAZ) Needs To Drive Business Growth Carefully

Sep 05

Recent updates

We Think Azincourt Energy (CVE:AAZ) Needs To Drive Business Growth Carefully

Sep 05

Financial Position Analysis

Short Term Liabilities: AAZ's short term assets (CA$4.3M) exceed its short term liabilities (CA$494.4K).

Long Term Liabilities: AAZ has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: AAZ is debt free.

Reducing Debt: AAZ 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: AAZ has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: AAZ is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.

Azincourt Energy Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We Think Azincourt Energy (CVE:AAZ) Needs To Drive Business Growth Carefully

Recent updates

Azincourt Energy Corp. announced that it expects to receive CAD 0.375 million in funding

Azincourt Energy Begins Mobilizing for Winter Drill Program At East Preston Uranium Project

New major risk - Financial position

Azincourt Energy Corp., Annual General Meeting, Apr 18, 2024

Azincourt Energy to Drill Test Clay Alteration At the East Preston Uranium Project

Azincourt Energy Corp. announced that it expects to receive CAD 2 million in funding

Azincourt Energy Announces Agreement to Expand the Big Hill Lithium Project, Newfoundland, Canada

Azincourt Energy Corp. Completes Initial Exploration Program At the Big Hill Lithium Project, Newfoundland

Azincourt Energy Corp. Receives Results of 2023 Drilling Program at the East Preston Uranium Project

Azincourt Energy Corp. Provides Update on Summer Exploration Plans at Big Hill Lithium Project in Southern Newfoundland, Canada

Azincourt Energy Corp. announced that it has received CAD 0.575 million in funding

Azincourt Energy Corp. Provides Update for East Preston Uranium Project, Athabasca Basin, Saskatchewan

Azincourt Energy Corp. Receives Drill Permit for East Preston Uranium Project, Athabasca Basin, Saskatchewan

Insufficient new directors

Azincourt Energy Corp. Provides Update on Fall and Winter Drill Programs

Skyharbour’s Partner Company Azincourt Energy Provides Update on Exploration and Drilling Plans for the East Preston Uranium Project

Azincourt Energy Corp. Identifies Uranium Enrichment At the East Preston Uranium Project

Insufficient new directors

Azincourt Energy Corp. announced that it has received CAD 5.101 million in funding

Azincourt Energy Corp. Completes Drill Program at the East Preston Uranium Project

Azincourt Energy Corp. Provide San Update on the Ongoing 2022 Exploration Program at the East Preston Uranium Project, in the Western Athabasca Basin

Azincourt Energy Corp. Provides Update on Drilling Progress at the East Preston Uranium Project

Azincourt Energy Corp., Annual General Meeting, Mar 31, 2022

Azincourt Energy Corp., Annual General Meeting, Mar 31, 2022

Azincourt Energy Commences Drilling At the East Preston Uranium Project

Skyharbour’s Partner Company Azincourt Energy Provides Update on Camp Construction and Drill Mobilization at East Preston Uranium Project, Saskatchewan

Azincourt Energy Corp. Road & Camp Access Nearing Completion At the East Preston Uranium Project

Azincourt Energy Corp. Commences Road/Camp Preparation at the East Preston Uranium Project

Azincourt Energy Corp. announced that it expects to receive CAD 7.6 million in funding

Azincourt Energy Completes Radiometric Survey Updates Plans for the East Preston Uranium Project

We Think Azincourt Energy (CVE:AAZ) Needs To Drive Business Growth Carefully

Skyharbour Resources Ltd.’s Partner Company Azincourt Energy’s Drilling Returns Elevated Uranium at the East Preston Uranium Project

Azincourt Energy Reports 2021 Winter Drill Program Shut Down Due to Warm Weather on the East Preston Uranium Project

Azincourt Energy Corp. announced that it has received CAD 4.2415 million in funding

Azincourt Energy Corp. Begins 2021 Drill Program at the East Preston Uranium Project

Skyharbour’S Partner Company Azincourt Energy Reports Drill Mobilization At the East Preston Uranium Project

Dixie Gold Inc. Enters into Joint-Venture with Azincourt Energy and Skyharbour Resources for East Preston Uranium Project

Azincourt Energy Corp. Provides Update on 2021 Winter Drill Program At the East Preston Uranium Project

Azincourt Energy Corp. announced that it expects to receive CAD 2.104267 million in funding

Azincourt Energy 2021 Winter Drill Program Preparations Underway At the East Preston Uranium Project

Azincourt Energy Corp. announced that it has received CAD 1.5 million in funding

Azincourt Energy Corp Announces the Recent Ground-Based Geophysical Exploration Program At the East Preston Uranium Project, Located in the Western Athabasca Basin, Saskatchewan, Canada

Azincourt Energy Corp. announced that it expects to receive CAD 1.5 million in funding

Skyharbour Resources Ltd. Announces Company Azincourt Energy's Ground-Based Geophysical Exploration Program At the East Preston Uranium Project

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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