Churchill Resources Balance Sheet Health
Financial Health criteria checks 3/6
Churchill Resources has a total shareholder equity of CA$1.1M and total debt of CA$882.5K, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are CA$2.8M and CA$1.7M respectively.
Key information
80.9%
Debt to equity ratio
CA$882.50k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$39.70k |
| Equity | CA$1.09m |
| Total liabilities | CA$1.74m |
| Total assets | CA$2.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRI's short term assets (CA$326.6K) do not cover its short term liabilities (CA$1.7M).
Long Term Liabilities: CRI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRI's net debt to equity ratio (77.3%) is considered high.
Reducing Debt: Insufficient data to determine if CRI's debt to equity ratio has reduced over the 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: CRI has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CRI is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.