Corcel Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Corcel Exploration has a total shareholder equity of CA$218.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$243.3K and CA$24.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$241.44k |
| Equity | CA$218.80k |
| Total liabilities | CA$24.51k |
| Total assets | CA$243.31k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRCL's short term assets (CA$243.3K) exceed its short term liabilities (CA$24.5K).
Long Term Liabilities: CRCL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRCL is debt free.
Reducing Debt: CRCL 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: CRCL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CRCL has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 17.7% each year.