Canuc Resources Balance Sheet Health
Financial Health criteria checks 4/6
Canuc Resources has a total shareholder equity of CA$962.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$207.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$485.20k |
Equity | CA$962.79k |
Total liabilities | CA$207.66k |
Total assets | CA$1.17m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CDA's short term assets (CA$1.2M) exceed its short term liabilities (CA$128.9K).
Long Term Liabilities: CDA's short term assets (CA$1.2M) exceed its long term liabilities (CA$78.8K).
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 13.7% each year