Barksdale Resources Balance Sheet Health
Financial Health criteria checks 3/6
Barksdale Resources has a total shareholder equity of CA$26.2M and total debt of CA$1.6M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CA$28.4M and CA$2.2M respectively.
Key information
6.0%
Debt to equity ratio
CA$1.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.05m |
| Equity | CA$26.16m |
| Total liabilities | CA$2.23m |
| Total assets | CA$28.40m |
Financial Position Analysis
Short Term Liabilities: BRO's short term assets (CA$3.5M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: BRO's short term assets (CA$3.5M) exceed its long term liabilities (CA$8.2K).
Debt to Equity History and Analysis
Debt Level: BRO has more cash than its total debt.
Reducing Debt: BRO's debt to equity ratio has increased from 0% to 6% 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: BRO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BRO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.7% each year