Atacama Copper Balance Sheet Health
Financial Health criteria checks 2/6
Atacama Copper has a total shareholder equity of CA$3.4M and total debt of CA$102.1K, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CA$12.6M and CA$9.1M respectively.
Key information
3.0%
Debt to equity ratio
CA$102.08k
Debt
Interest coverage ratio | n/a |
Cash | CA$96.42k |
Equity | CA$3.42m |
Total liabilities | CA$9.14m |
Total assets | CA$12.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACOP's short term assets (CA$8.4M) do not cover its short term liabilities (CA$9.1M).
Long Term Liabilities: ACOP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ACOP's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ACOP's debt to equity ratio has reduced 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: ACOP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACOP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.2% each year