CopperCorp Resources Balance Sheet Health
Financial Health criteria checks 6/6
CopperCorp Resources has a total shareholder equity of CA$4.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.1M and CA$297.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.16m |
| Equity | CA$4.80m |
| Total liabilities | CA$297.25k |
| Total assets | CA$5.10m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CPER's short term assets (CA$4.3M) exceed its short term liabilities (CA$297.2K).
Long Term Liabilities: CPER has no long term liabilities.
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 1.5 years if free cash flow continues to reduce at historical rates of 6.9% each year.