Hemlo Explorers Balance Sheet Health
Financial Health criteria checks 4/6
Hemlo Explorers has a total shareholder equity of CA$142.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$279.3K and CA$137.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$99.03k |
Equity | CA$142.05k |
Total liabilities | CA$137.25k |
Total assets | CA$279.30k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMLO's short term assets (CA$274.5K) exceed its short term liabilities (CA$137.3K).
Long Term Liabilities: HMLO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HMLO is debt free.
Reducing Debt: HMLO had no debt 5 years ago.
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: HMLO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HMLO has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.1% each year.