Bullet Exploration Balance Sheet Health
Financial Health criteria checks 3/6
Bullet Exploration has a total shareholder equity of CA$4.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.1M and CA$707.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$325.31k |
| Equity | CA$4.35m |
| Total liabilities | CA$707.02k |
| Total assets | CA$5.06m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMMO's short term assets (CA$344.7K) do not cover its short term liabilities (CA$707.0K).
Long Term Liabilities: AMMO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AMMO is debt free.
Reducing Debt: AMMO 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: AMMO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AMMO has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.3% each year.