Apogee Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Apogee Minerals has a total shareholder equity of CA$683.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$698.0K and CA$15.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$355.40k |
| Equity | CA$683.00k |
| Total liabilities | CA$15.00k |
| Total assets | CA$698.00k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APMI's short term assets (CA$370.1K) exceed its short term liabilities (CA$15.0K).
Long Term Liabilities: APMI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: APMI is debt free.
Reducing Debt: APMI has not had any debt for 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: APMI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: APMI has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 27.8% each year.