Conquest Resources Balance Sheet Health
Financial Health criteria checks 6/6
Conquest Resources has a total shareholder equity of CA$1.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.7M and CA$48.1K respectively. Conquest Resources's EBIT is CA$270.2K making its interest coverage ratio -6.2. It has cash and short-term investments of CA$1.5M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | -6.2x |
Cash | CA$1.47m |
Equity | CA$1.62m |
Total liabilities | CA$48.14k |
Total assets | CA$1.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CQR's short term assets (CA$1.5M) exceed its short term liabilities (CA$48.1K).
Long Term Liabilities: CQR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CQR is debt free.
Reducing Debt: CQR has not had any debt for past 5 years.
Debt Coverage: CQR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CQR has no debt, therefore coverage of interest payments is not a concern.