Etruscus Resources Balance Sheet Health
Financial Health criteria checks 5/6
Etruscus Resources has a total shareholder equity of CA$3.8M and total debt of CA$124.3K, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CA$4.0M and CA$237.6K respectively.
Key information
3.3%
Debt to equity ratio
CA$124.33k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$265.50k |
| Equity | CA$3.75m |
| Total liabilities | CA$237.61k |
| Total assets | CA$3.99m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETR's short term assets (CA$270.3K) exceed its short term liabilities (CA$237.6K).
Long Term Liabilities: ETR has no long term liabilities.
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 3.3% 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 6 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 5 months based on free cash flow estimates, but has since raised additional capital.