Crestview Exploration Balance Sheet Health
Financial Health criteria checks 2/6
Crestview Exploration has a total shareholder equity of CA$1.4M and total debt of CA$20.5K, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CA$1.8M and CA$431.3K respectively.
Key information
1.4%
Debt to equity ratio
CA$20.52k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$709.00 |
| Equity | CA$1.42m |
| Total liabilities | CA$431.26k |
| Total assets | CA$1.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CRS's short term assets (CA$18.2K) do not cover its short term liabilities (CA$431.3K).
Long Term Liabilities: CRS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRS's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: CRS's debt to equity ratio has increased from 1% to 1.4% 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: CRS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CRS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.5% each year