EV Minerals Balance Sheet Health
Financial Health criteria checks 0/6
EV Minerals has a total shareholder equity of CA$-458.1K and total debt of CA$63.5K, which brings its debt-to-equity ratio to -13.9%. Its total assets and total liabilities are CA$208.2K and CA$666.3K respectively.
Key information
-13.9%
Debt to equity ratio
CA$63.49k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$114.47k |
| Equity | -CA$458.09k |
| Total liabilities | CA$666.28k |
| Total assets | CA$208.19k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EVM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EVM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EVM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EVM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EVM's interest payments on its debt are well covered by EBIT.