Deeprock Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Deeprock Minerals has a total shareholder equity of CA$10.0K and total debt of CA$8.7K, which brings its debt-to-equity ratio to 86.6%. Its total assets and total liabilities are CA$497.2K and CA$487.2K respectively.
Key information
86.6%
Debt to equity ratio
CA$8.65k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.94k |
| Equity | CA$9.99k |
| Total liabilities | CA$487.16k |
| Total assets | CA$497.15k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEEP's short term assets (CA$9.2K) do not cover its short term liabilities (CA$487.2K).
Long Term Liabilities: DEEP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DEEP's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: DEEP's debt to equity ratio has increased from 5.4% to 86.6% 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: DEEP has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DEEP is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.