EDM Resources Balance Sheet Health
Financial Health criteria checks 4/6
EDM Resources has a total shareholder equity of CA$10.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.6M and CA$14.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$82.55k |
| Equity | CA$10.66m |
| Total liabilities | CA$14.94m |
| Total assets | CA$25.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDM's short term assets (CA$361.6K) do not cover its short term liabilities (CA$551.6K).
Long Term Liabilities: EDM's short term assets (CA$361.6K) do not cover its long term liabilities (CA$14.4M).
Debt to Equity History and Analysis
Debt Level: EDM is debt free.
Reducing Debt: EDM 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: EDM has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EDM is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.