Azimut Exploration Inc.

TSXV:AZM Stock Report

Market Cap: CA$61.6m

Azimut Exploration Balance Sheet Health

Financial Health criteria checks 6/6

Azimut Exploration has a total shareholder equity of CA$51.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$57.0M and CA$5.7M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$12.95m
EquityCA$51.27m
Total liabilitiesCA$5.72m
Total assetsCA$56.99m

Recent financial health updates

We're Not Very Worried About Azimut Exploration's (CVE:AZM) Cash Burn Rate

Mar 15
We're Not Very Worried About Azimut Exploration's (CVE:AZM) Cash Burn Rate

Is Azimut Exploration (CVE:AZM) In A Good Position To Invest In Growth?

Jan 31
Is Azimut Exploration (CVE:AZM) In A Good Position To Invest In Growth?

Recent updates

Investors Shouldn't Be Too Comfortable With Azimut Exploration's (CVE:AZM) Robust Earnings

Jul 22
Investors Shouldn't Be Too Comfortable With Azimut Exploration's (CVE:AZM) Robust Earnings

We're Not Very Worried About Azimut Exploration's (CVE:AZM) Cash Burn Rate

Mar 15
We're Not Very Worried About Azimut Exploration's (CVE:AZM) Cash Burn Rate

Is Azimut Exploration (CVE:AZM) In A Good Position To Invest In Growth?

Jan 31
Is Azimut Exploration (CVE:AZM) In A Good Position To Invest In Growth?

Financial Position Analysis

Short Term Liabilities: AZM's short term assets (CA$14.3M) exceed its short term liabilities (CA$3.8M).

Long Term Liabilities: AZM's short term assets (CA$14.3M) exceed its long term liabilities (CA$1.9M).

Debt to Equity History and Analysis

Debt Level: AZM is debt free.

Reducing Debt: AZM has not had any debt for past 5 years.

Debt Coverage: AZM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AZM has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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