Badlands Resources Balance Sheet Health
Financial Health criteria checks 4/6
Badlands Resources has a total shareholder equity of CA$9.0M and total debt of CA$274.1K, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CA$11.3M and CA$2.3M respectively.
Key information
3.0%
Debt to equity ratio
CA$274.13k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.60k |
| Equity | CA$9.00m |
| Total liabilities | CA$2.31m |
| Total assets | CA$11.31m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLDS's short term assets (CA$67.1K) do not cover its short term liabilities (CA$2.3M).
Long Term Liabilities: BLDS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BLDS's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: BLDS's debt to equity ratio has increased from 1.6% to 3% over the 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: BLDS has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BLDS is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.