Decade Resources Balance Sheet Health
Financial Health criteria checks 4/6
Decade Resources has a total shareholder equity of CA$16.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$17.8M and CA$951.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$974.48k |
Equity | CA$16.84m |
Total liabilities | CA$951.25k |
Total assets | CA$17.79m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEC's short term assets (CA$1.2M) exceed its short term liabilities (CA$483.4K).
Long Term Liabilities: DEC's short term assets (CA$1.2M) exceed its long term liabilities (CA$467.9K).
Debt to Equity History and Analysis
Debt Level: DEC is debt free.
Reducing Debt: DEC had no debt 5 years ago.
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: DEC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DEC has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.5% each year.