Churchill Resources Balance Sheet Health
Financial Health criteria checks 2/6
Churchill Resources has a total shareholder equity of CA$2.0M and total debt of CA$145.0K, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CA$3.0M and CA$955.6K respectively.
Key information
7.1%
Debt to equity ratio
CA$145.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$320.34k |
Equity | CA$2.04m |
Total liabilities | CA$955.63k |
Total assets | CA$2.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRI's short term assets (CA$485.1K) do not cover its short term liabilities (CA$955.6K).
Long Term Liabilities: CRI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRI has more cash than its total debt.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CRI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.2% each year