Defiance Silver Balance Sheet Health

Financial Health criteria checks 5/6

Defiance Silver has a total shareholder equity of CA$41.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$42.3M and CA$865.7K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$265.83k
EquityCA$41.41m
Total liabilitiesCA$865.71k
Total assetsCA$42.27m

Recent financial health updates

Recent updates

Here's Why We're A Bit Worried About Defiance Silver's (CVE:DEF) Cash Burn Situation

Nov 29
Here's Why We're A Bit Worried About Defiance Silver's (CVE:DEF) Cash Burn Situation

Is Defiance Silver (CVE:DEF) In A Good Position To Invest In Growth?

Aug 08
Is Defiance Silver (CVE:DEF) In A Good Position To Invest In Growth?

We Think Defiance Silver (CVE:DEF) Needs To Drive Business Growth Carefully

Apr 20
We Think Defiance Silver (CVE:DEF) Needs To Drive Business Growth Carefully

Will Defiance Silver (CVE:DEF) Spend Its Cash Wisely?

Jan 05
Will Defiance Silver (CVE:DEF) Spend Its Cash Wisely?

Here's Why We're Watching Defiance Silver's (CVE:DEF) Cash Burn Situation

Sep 14
Here's Why We're Watching Defiance Silver's (CVE:DEF) Cash Burn Situation

We Think Defiance Silver (CVE:DEF) Needs To Drive Business Growth Carefully

Jun 01
We Think Defiance Silver (CVE:DEF) Needs To Drive Business Growth Carefully

Companies Like Defiance Silver (CVE:DEF) Are In A Position To Invest In Growth

Feb 12
Companies Like Defiance Silver (CVE:DEF) Are In A Position To Invest In Growth

We're Not Very Worried About Defiance Silver's (CVE:DEF) Cash Burn Rate

Oct 30
We're Not Very Worried About Defiance Silver's (CVE:DEF) Cash Burn Rate

Here's Why We're Not Too Worried About Defiance Silver's (CVE:DEF) Cash Burn Situation

May 13
Here's Why We're Not Too Worried About Defiance Silver's (CVE:DEF) Cash Burn Situation

Defiance Silver (CVE:DEF) Is In A Strong Position To Grow Its Business

Jan 28
Defiance Silver (CVE:DEF) Is In A Strong Position To Grow Its Business

Financial Position Analysis

Short Term Liabilities: DEF's short term assets (CA$349.2K) do not cover its short term liabilities (CA$829.7K).

Long Term Liabilities: DEF's short term assets (CA$349.2K) exceed its long term liabilities (CA$36.0K).


Debt to Equity History and Analysis

Debt Level: DEF is debt free.

Reducing Debt: DEF has no debt compared to 5 years ago when its debt to equity ratio was 9.6%.


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: DEF has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: DEF is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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