Double Deuce Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Double Deuce Exploration has a total shareholder equity of CA$42.8K and total debt of CA$2.0K, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CA$209.0K and CA$166.2K respectively.
Key information
4.7%
Debt to equity ratio
CA$2.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$80.24k |
| Equity | CA$42.78k |
| Total liabilities | CA$166.22k |
| Total assets | CA$209.00k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DD's short term assets (CA$107.9K) do not cover its short term liabilities (CA$166.2K).
Long Term Liabilities: DD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DD has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DD's debt to equity ratio has reduced 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: DD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DD has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 23.5% each year.