Avrupa Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Avrupa Minerals has a total shareholder equity of CA$846.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$954.0K and CA$108.0K respectively. Avrupa Minerals's EBIT is CA$18.8K making its interest coverage ratio -18815. It has cash and short-term investments of CA$89.6K.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | -18815x |
Cash | CA$89.63k |
Equity | CA$845.98k |
Total liabilities | CA$108.05k |
Total assets | CA$954.03k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVU's short term assets (CA$224.6K) exceed its short term liabilities (CA$108.0K).
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 3.3%.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AVU has less than a year of cash runway if free cash flow continues to grow at historical rates of 35.3% each year.