West Mining Balance Sheet Health

Financial Health criteria checks 3/6

West Mining has a total shareholder equity of CA$9.0M and total debt of CA$41.6K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CA$9.2M and CA$262.7K respectively.

Key information

0.5%

Debt to equity ratio

CA$41.55k

Debt

Interest coverage ration/a
CashCA$422.54k
EquityCA$8.98m
Total liabilitiesCA$262.74k
Total assetsCA$9.25m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: WEST's short term assets (CA$666.5K) exceed its short term liabilities (CA$262.7K).

Long Term Liabilities: WEST has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: WEST has more cash than its total debt.

Reducing Debt: WEST's debt to equity ratio has increased from 0% to 0.5% 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: WEST has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WEST has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.6% each year


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