Avrupa Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Avrupa Minerals has a total shareholder equity of CA$817.1K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$973.1K and CA$156.0K respectively. Avrupa Minerals's EBIT is CA$41.5K making its interest coverage ratio -13837. It has cash and short-term investments of CA$21.5K.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -13837x |
| Cash | CA$21.52k |
| Equity | CA$817.07k |
| Total liabilities | CA$155.99k |
| Total assets | CA$973.06k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVU's short term assets (CA$190.2K) exceed its short term liabilities (CA$156.0K).
Long Term Liabilities: AVU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AVU is debt free.
Reducing Debt: AVU has no debt compared to 5 years ago when its debt to equity ratio was 4.5%.
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: AVU has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AVU is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.