Eastfield Resources Balance Sheet Health
Financial Health criteria checks 6/6
Eastfield Resources has a total shareholder equity of CA$1.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.0M and CA$235.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$364.05k |
| Equity | CA$1.72m |
| Total liabilities | CA$235.78k |
| Total assets | CA$1.95m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETF's short term assets (CA$507.0K) exceed its short term liabilities (CA$192.1K).
Long Term Liabilities: ETF's short term assets (CA$507.0K) exceed its long term liabilities (CA$43.6K).
Debt to Equity History and Analysis
Debt Level: ETF is debt free.
Reducing Debt: ETF 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: ETF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ETF has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 4.1% each year.