Deeprock Minerals Inc.

CNSX:DEEP Stock Report

Market Cap: CA$507.0k

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 ration/a
CashCA$5.94k
EquityCA$9.99k
Total liabilitiesCA$487.16k
Total assetsCA$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.


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