Ubique Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Ubique Minerals has a total shareholder equity of CA$1.8M and total debt of CA$313.9K, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CA$2.3M and CA$570.7K respectively.
Key information
17.7%
Debt to equity ratio
CA$313.95k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.81k |
| Equity | CA$1.78m |
| Total liabilities | CA$570.74k |
| Total assets | CA$2.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UBQ's short term assets (CA$46.2K) do not cover its short term liabilities (CA$570.7K).
Long Term Liabilities: UBQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UBQ's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: UBQ's debt to equity ratio has increased from 1.7% to 17.7% over the past 5 years.
Debt Coverage: UBQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if UBQ's interest payments on its debt are well covered by EBIT.