ProAm Explorations Balance Sheet Health
Financial Health criteria checks 2/6
ProAm Explorations has a total shareholder equity of CA$695.5K and total debt of CA$49.0K, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CA$910.8K and CA$215.3K respectively.
Key information
7.1%
Debt to equity ratio
CA$49.04k
Debt
Interest coverage ratio | n/a |
Cash | CA$27.98k |
Equity | CA$695.50k |
Total liabilities | CA$215.27k |
Total assets | CA$910.77k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMX's short term assets (CA$55.6K) exceed its short term liabilities (CA$54.6K).
Long Term Liabilities: PMX's short term assets (CA$55.6K) do not cover its long term liabilities (CA$160.7K).
Debt to Equity History and Analysis
Debt Level: PMX's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: PMX's debt to equity ratio has increased from 0% to 7.1% 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: PMX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PMX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.7% each year