Eastfield Resources Balance Sheet Health
Financial Health criteria checks 3/6
Eastfield Resources has a total shareholder equity of CA$2.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.3M and CA$259.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$69.79k |
Equity | CA$2.03m |
Total liabilities | CA$259.59k |
Total assets | CA$2.29m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETF's short term assets (CA$111.8K) do not cover its short term liabilities (CA$167.8K).
Long Term Liabilities: ETF's short term assets (CA$111.8K) exceed its long term liabilities (CA$91.8K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ETF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8% each year