West Mining Balance Sheet Health
Financial Health criteria checks 4/6
West Mining has a total shareholder equity of CA$8.3M and total debt of CA$49.6K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CA$8.6M and CA$272.9K respectively.
Key information
0.6%
Debt to equity ratio
CA$49.55k
Debt
Interest coverage ratio | n/a |
Cash | CA$23.47k |
Equity | CA$8.33m |
Total liabilities | CA$272.94k |
Total assets | CA$8.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEST's short term assets (CA$56.6K) do not cover its short term liabilities (CA$272.9K).
Long Term Liabilities: WEST has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WEST's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: WEST's debt to equity ratio has increased from 0% to 0.6% 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 sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WEST is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.