Infinitum Copper Balance Sheet Health
Financial Health criteria checks 4/6
Infinitum Copper has a total shareholder equity of CA$2.6M and total debt of CA$53.5K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CA$3.3M and CA$715.9K respectively.
Key information
2.1%
Debt to equity ratio
CA$53.50k
Debt
Interest coverage ratio | n/a |
Cash | CA$31.32k |
Equity | CA$2.57m |
Total liabilities | CA$715.89k |
Total assets | CA$3.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INFI's short term assets (CA$114.5K) do not cover its short term liabilities (CA$715.9K).
Long Term Liabilities: INFI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: INFI's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if INFI's debt to equity ratio has reduced over the 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: INFI has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: INFI is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.