Prime Mining Balance Sheet Health
Financial Health criteria checks 6/6
Prime Mining has a total shareholder equity of CA$44.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$47.9M and CA$3.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$33.81m |
Equity | CA$44.61m |
Total liabilities | CA$3.30m |
Total assets | CA$47.91m |
Recent financial health updates
We Think Prime Mining (TSE:PRYM) Can Afford To Drive Business Growth
Mar 20Prime Mining (CVE:PRYM) Is In A Good Position To Deliver On Growth Plans
Nov 21Is Prime Mining (CVE:PRYM) In A Good Position To Invest In Growth?
Aug 03Is Prime Mining (CVE:PRYM) In A Good Position To Deliver On Growth Plans?
Jul 18Companies Like Prime Mining (CVE:PRYM) Are In A Position To Invest In Growth
Mar 05Recent updates
We Think Prime Mining (TSE:PRYM) Can Afford To Drive Business Growth
Mar 20Prime Mining (CVE:PRYM) Is In A Good Position To Deliver On Growth Plans
Nov 21Is Prime Mining (CVE:PRYM) In A Good Position To Invest In Growth?
Aug 03Is Prime Mining (CVE:PRYM) In A Good Position To Deliver On Growth Plans?
Jul 18Companies Like Prime Mining (CVE:PRYM) Are In A Position To Invest In Growth
Mar 05Financial Position Analysis
Short Term Liabilities: PRYM's short term assets (CA$34.0M) exceed its short term liabilities (CA$2.5M).
Long Term Liabilities: PRYM's short term assets (CA$34.0M) exceed its long term liabilities (CA$825.2K).
Debt to Equity History and Analysis
Debt Level: PRYM is debt free.
Reducing Debt: PRYM had no debt 5 years ago.
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: PRYM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PRYM has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 43.6% each year.