American Copper Development Balance Sheet Health
Financial Health criteria checks 3/6
American Copper Development has a total shareholder equity of CA$16.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$17.4M and CA$543.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$186.41k |
| Equity | CA$16.85m |
| Total liabilities | CA$543.15k |
| Total assets | CA$17.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACDX's short term assets (CA$208.2K) do not cover its short term liabilities (CA$543.1K).
Long Term Liabilities: ACDX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ACDX is debt free.
Reducing Debt: ACDX has not had any debt for 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: ACDX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACDX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 60.7% each year