AFR NuVenture Resources Balance Sheet Health
Financial Health criteria checks 4/6
AFR NuVenture Resources has a total shareholder equity of CA$126.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$180.8K and CA$54.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$157.43k |
Equity | CA$126.16k |
Total liabilities | CA$54.67k |
Total assets | CA$180.82k |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AFR's short term assets (CA$180.8K) exceed its short term liabilities (CA$54.7K).
Long Term Liabilities: AFR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AFR is debt free.
Reducing Debt: AFR 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: AFR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AFR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.9% each year