Eloro Resources Balance Sheet Health
Financial Health criteria checks 5/6
Eloro Resources has a total shareholder equity of CA$55.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$57.0M and CA$1.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$489.94k |
| Equity | CA$55.77m |
| Total liabilities | CA$1.22m |
| Total assets | CA$56.99m |
Recent financial health updates
We Think Eloro Resources (CVE:ELO) Needs To Drive Business Growth Carefully
Sep 30
We Think Eloro Resources (CVE:ELO) Needs To Drive Business Growth Carefully
May 10Companies Like Eloro Resources (CVE:ELO) Are In A Position To Invest In Growth
Jan 07We're Not Very Worried About Eloro Resources' (CVE:ELO) Cash Burn Rate
Sep 23Is Eloro Resources (CVE:ELO) In A Good Position To Invest In Growth?
Dec 02
Recent updates
We Think Eloro Resources (CVE:ELO) Needs To Drive Business Growth Carefully
Sep 30We Think Eloro Resources (CVE:ELO) Needs To Drive Business Growth Carefully
May 10Companies Like Eloro Resources (CVE:ELO) Are In A Position To Invest In Growth
Jan 07We're Not Very Worried About Eloro Resources' (CVE:ELO) Cash Burn Rate
Sep 23Eloro Resources Ltd. (CVE:ELO) Insiders Increased Their Holdings
Mar 17Is Eloro Resources (CVE:ELO) In A Good Position To Invest In Growth?
Dec 02Financial Position Analysis
Short Term Liabilities: ELO's short term assets (CA$1.0M) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: ELO's short term assets (CA$1.0M) exceed its long term liabilities (CA$64.1K).
Debt to Equity History and Analysis
Debt Level: ELO is debt free.
Reducing Debt: ELO has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
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: ELO has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ELO is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.