Highrock Resources Balance Sheet Health
Financial Health criteria checks 3/6
Highrock Resources has a total shareholder equity of CA$211.4K and total debt of CA$106.3K, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are CA$326.3K and CA$115.0K respectively.
Key information
50.3%
Debt to equity ratio
CA$106.32k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$107.62k |
| Equity | CA$211.36k |
| Total liabilities | CA$114.95k |
| Total assets | CA$326.31k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRK's short term assets (CA$121.4K) exceed its short term liabilities (CA$115.0K).
Long Term Liabilities: HRK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HRK has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HRK's debt to equity ratio has reduced 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: HRK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HRK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.1% each year