Karnalyte Resources Balance Sheet Health
Financial Health criteria checks 4/6
Karnalyte Resources has a total shareholder equity of CA$5.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.2M and CA$1.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.02m |
| Equity | CA$5.25m |
| Total liabilities | CA$1.94m |
| Total assets | CA$7.19m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: KRN's short term assets (CA$1.5M) do not cover its short term liabilities (CA$1.9M).
Long Term Liabilities: KRN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KRN is debt free.
Reducing Debt: KRN has not had any debt for 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: KRN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KRN has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 15.9% each year.