Etruscus Resources Balance Sheet Health
Financial Health criteria checks 4/6
Etruscus Resources has a total shareholder equity of CA$5.3M and total debt of CA$100.1K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CA$5.4M and CA$181.2K respectively.
Key information
1.9%
Debt to equity ratio
CA$100.10k
Debt
Interest coverage ratio | n/a |
Cash | CA$135.13k |
Equity | CA$5.25m |
Total liabilities | CA$181.23k |
Total assets | CA$5.43m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETR's short term assets (CA$163.9K) do not cover its short term liabilities (CA$171.0K).
Long Term Liabilities: ETR's short term assets (CA$163.9K) exceed its long term liabilities (CA$10.2K).
Debt to Equity History and Analysis
Debt Level: ETR has more cash than its total debt.
Reducing Debt: ETR's debt to equity ratio has increased from 0% to 1.9% 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: ETR has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ETR is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.