Forte Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Forte Minerals has a total shareholder equity of CA$922.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$310.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$172.18k |
Equity | CA$922.19k |
Total liabilities | CA$310.92k |
Total assets | CA$1.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUAU's short term assets (CA$250.4K) do not cover its short term liabilities (CA$310.9K).
Long Term Liabilities: CUAU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CUAU is debt free.
Reducing Debt: CUAU had no debt 5 years ago.
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: CUAU has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CUAU is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.