CopperCorp Resources Balance Sheet Health
Financial Health criteria checks 6/6
CopperCorp Resources has a total shareholder equity of CA$6.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.6M and CA$316.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.59m |
Equity | CA$6.25m |
Total liabilities | CA$316.08k |
Total assets | CA$6.56m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CPER's short term assets (CA$5.7M) exceed its short term liabilities (CA$302.6K).
Long Term Liabilities: CPER's short term assets (CA$5.7M) exceed its long term liabilities (CA$13.4K).
Debt to Equity History and Analysis
Debt Level: CPER is debt free.
Reducing Debt: CPER 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: CPER has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CPER has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 17.4% each year.