Whitemud Resources Balance Sheet Health
Financial Health criteria checks 0/6
Whitemud Resources has a total shareholder equity of CA$-3.0M and total debt of CA$7.2M, which brings its debt-to-equity ratio to -239.8%. Its total assets and total liabilities are CA$8.4M and CA$11.4M respectively.
Key information
-239.8%
Debt to equity ratio
CA$7.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$562.81k |
| Equity | -CA$3.01m |
| Total liabilities | CA$11.39m |
| Total assets | CA$8.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WMK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: WMK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: WMK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: WMK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: WMK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WMK's interest payments on its debt are well covered by EBIT.