Decklar Resources Balance Sheet Health
Financial Health criteria checks 4/6
Decklar Resources has a total shareholder equity of CA$28.5M and total debt of CA$8.4M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are CA$61.2M and CA$32.6M respectively.
Key information
29.5%
Debt to equity ratio
CA$8.42m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$61.74k |
| Equity | CA$28.51m |
| Total liabilities | CA$32.64m |
| Total assets | CA$61.15m |
Financial Position Analysis
Short Term Liabilities: DKL's short term assets (CA$674.1K) do not cover its short term liabilities (CA$25.9M).
Long Term Liabilities: DKL's short term assets (CA$674.1K) do not cover its long term liabilities (CA$6.7M).
Debt to Equity History and Analysis
Debt Level: DKL's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: DKL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable DKL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DKL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 30.5% per year.