Voyageur Mineral Explorers Corp.

CNSX:VOY Stock Report

Market Cap: CA$17.1m

Voyageur Mineral Explorers Balance Sheet Health

Financial Health criteria checks 6/6

Voyageur Mineral Explorers has a total shareholder equity of CA$884.4K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$923.2K and CA$38.8K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$865.56k
EquityCA$884.45k
Total liabilitiesCA$38.79k
Total assetsCA$923.23k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: VOY's short term assets (CA$923.2K) exceed its short term liabilities (CA$38.8K).

Long Term Liabilities: VOY has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: VOY is debt free.

Reducing Debt: VOY 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: VOY has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: VOY has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 13.7% each year.


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