Apex Resources Balance Sheet Health
Financial Health criteria checks 5/6
Apex Resources has a total shareholder equity of CA$2.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.1M and CA$557.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$94.26k |
Equity | CA$2.52m |
Total liabilities | CA$557.05k |
Total assets | CA$3.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APX's short term assets (CA$140.2K) do not cover its short term liabilities (CA$557.1K).
Long Term Liabilities: APX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: APX is debt free.
Reducing Debt: APX 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: APX has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: APX is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.