CANEX Metals Balance Sheet Health
Financial Health criteria checks 4/6
CANEX Metals has a total shareholder equity of CA$6.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.2M and CA$68.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$565.35k |
Equity | CA$6.11m |
Total liabilities | CA$68.03k |
Total assets | CA$6.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CANX's short term assets (CA$598.8K) exceed its short term liabilities (CA$20.1K).
Long Term Liabilities: CANX's short term assets (CA$598.8K) exceed its long term liabilities (CA$47.9K).
Debt to Equity History and Analysis
Debt Level: CANX is debt free.
Reducing Debt: CANX has not had any debt for 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: CANX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CANX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.2% each year