Flying Nickel Mining Balance Sheet Health
Financial Health criteria checks 4/6
Flying Nickel Mining has a total shareholder equity of CA$22.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$23.1M and CA$176.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$581.95k |
Equity | CA$22.94m |
Total liabilities | CA$176.86k |
Total assets | CA$23.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLYN's short term assets (CA$2.5M) exceed its short term liabilities (CA$176.9K).
Long Term Liabilities: FLYN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FLYN is debt free.
Reducing Debt: FLYN 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: FLYN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FLYN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.4% each year