Harfang Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Harfang Exploration has a total shareholder equity of CA$15.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$16.1M and CA$428.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.99m |
| Equity | CA$15.69m |
| Total liabilities | CA$428.23k |
| Total assets | CA$16.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HAR's short term assets (CA$6.6M) exceed its short term liabilities (CA$310.7K).
Long Term Liabilities: HAR's short term assets (CA$6.6M) exceed its long term liabilities (CA$117.5K).
Debt to Equity History and Analysis
Debt Level: HAR is debt free.
Reducing Debt: HAR 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: HAR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HAR has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 25.8% each year.