American Creek Resources Balance Sheet Health
Financial Health criteria checks 3/6
American Creek Resources has a total shareholder equity of CA$7.2M and total debt of CA$200.0K, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CA$7.5M and CA$235.6K respectively.
Key information
2.8%
Debt to equity ratio
CA$200.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$487.63k |
| Equity | CA$7.24m |
| Total liabilities | CA$235.65k |
| Total assets | CA$7.47m |
Financial Position Analysis
Short Term Liabilities: AMK's short term assets (CA$707.7K) exceed its short term liabilities (CA$235.6K).
Long Term Liabilities: AMK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AMK has more cash than its total debt.
Reducing Debt: AMK's debt to equity ratio has increased from 0% to 2.8% 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: AMK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AMK has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.3% each year.