Canuc Resources Balance Sheet Health
Financial Health criteria checks 4/6
Canuc Resources has a total shareholder equity of CA$785.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$977.6K and CA$191.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$265.25k |
| Equity | CA$785.83k |
| Total liabilities | CA$191.73k |
| Total assets | CA$977.57k |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CDA's short term assets (CA$977.6K) exceed its short term liabilities (CA$112.3K).
Long Term Liabilities: CDA's short term assets (CA$977.6K) exceed its long term liabilities (CA$79.4K).
Debt to Equity History and Analysis
Debt Level: CDA is debt free.
Reducing Debt: CDA currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: CDA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CDA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.4% each year