Doré Copper Mining Balance Sheet Health
Financial Health criteria checks 5/6
Doré Copper Mining has a total shareholder equity of CA$9.3M and total debt of CA$250.7K, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CA$11.5M and CA$2.2M respectively.
Key information
2.7%
Debt to equity ratio
CA$250.71k
Debt
Interest coverage ratio | n/a |
Cash | CA$3.05m |
Equity | CA$9.31m |
Total liabilities | CA$2.20m |
Total assets | CA$11.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCMC's short term assets (CA$4.4M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: DCMC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DCMC has more cash than its total debt.
Reducing Debt: DCMC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: DCMC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: DCMC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.5% each year