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 ratio | n/a |
Cash | CA$865.56k |
Equity | CA$884.45k |
Total liabilities | CA$38.79k |
Total assets | CA$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.