Avaron Mining Balance Sheet Health
Financial Health criteria checks 4/6
Avaron Mining has a total shareholder equity of CA$795.7K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$849.8K and CA$54.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$298.45k |
| Equity | CA$795.68k |
| Total liabilities | CA$54.12k |
| Total assets | CA$849.80k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVR's short term assets (CA$346.1K) exceed its short term liabilities (CA$54.1K).
Long Term Liabilities: AVR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AVR is debt free.
Reducing Debt: AVR 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: AVR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AVR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 64.6% each year