Canoe Mining Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Canoe Mining Ventures has a total shareholder equity of CA$287.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$328.9K and CA$41.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$171.13k |
Equity | CA$287.22k |
Total liabilities | CA$41.63k |
Total assets | CA$328.85k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLV's short term assets (CA$302.4K) exceed its short term liabilities (CA$41.6K).
Long Term Liabilities: CLV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CLV is debt free.
Reducing Debt: CLV has no debt compared to 5 years ago when its debt to equity ratio was 86.1%.
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: CLV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CLV has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.6% each year.