Yorbeau Resources Balance Sheet Health
Financial Health criteria checks 1/6
Yorbeau Resources has a total shareholder equity of CA$24.4M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$25.2M and CA$872.0K respectively.
Key information
0.2%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$237.76k |
Equity | CA$24.37m |
Total liabilities | CA$871.98k |
Total assets | CA$25.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YRB's short term assets (CA$335.5K) do not cover its short term liabilities (CA$533.0K).
Long Term Liabilities: YRB's short term assets (CA$335.5K) do not cover its long term liabilities (CA$339.0K).
Debt to Equity History and Analysis
Debt Level: YRB has more cash than its total debt.
Reducing Debt: YRB's debt to equity ratio has increased from 0% to 0.2% 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: YRB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: YRB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.5% each year