1844 Resources Balance Sheet Health
Financial Health criteria checks 3/6
1844 Resources has a total shareholder equity of CA$372.1K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$822.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$32.48k |
| Equity | CA$372.06k |
| Total liabilities | CA$822.14k |
| Total assets | CA$1.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFF's short term assets (CA$43.6K) do not cover its short term liabilities (CA$822.1K).
Long Term Liabilities: EFF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EFF is debt free.
Reducing Debt: EFF has not had any debt for 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: EFF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EFF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.1% each year