Heritage Mining Balance Sheet Health
Financial Health criteria checks 6/6
Heritage Mining has a total shareholder equity of CA$181.3K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$535.6K and CA$354.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$172.21k |
Equity | CA$181.28k |
Total liabilities | CA$354.36k |
Total assets | CA$535.64k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HML's short term assets (CA$454.1K) exceed its short term liabilities (CA$340.5K).
Long Term Liabilities: HML's short term assets (CA$454.1K) exceed its long term liabilities (CA$13.8K).
Debt to Equity History and Analysis
Debt Level: HML is debt free.
Reducing Debt: HML has not had any debt for 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: HML has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HML is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.