Zeus North America Mining Balance Sheet Health
Financial Health criteria checks 2/6
Zeus North America Mining has a total shareholder equity of CA$69.5K and total debt of CA$188.4K, which brings its debt-to-equity ratio to 271.2%. Its total assets and total liabilities are CA$327.6K and CA$258.1K respectively.
Key information
271.2%
Debt to equity ratio
CA$188.36k
Debt
Interest coverage ratio | n/a |
Cash | CA$112.17k |
Equity | CA$69.47k |
Total liabilities | CA$258.15k |
Total assets | CA$327.61k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEUS's short term assets (CA$132.7K) do not cover its short term liabilities (CA$258.1K).
Long Term Liabilities: ZEUS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZEUS's net debt to equity ratio (109.7%) is considered high.
Reducing Debt: ZEUS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: ZEUS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZEUS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.8% each year