Homerun Resources Balance Sheet Health
Financial Health criteria checks 6/6
Homerun Resources has a total shareholder equity of CA$370.5K and total debt of CA$94.7K, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are CA$961.9K and CA$591.4K respectively.
Key information
25.6%
Debt to equity ratio
CA$94.74k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$400.90k |
| Equity | CA$370.51k |
| Total liabilities | CA$591.40k |
| Total assets | CA$961.91k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMR's short term assets (CA$541.1K) exceed its short term liabilities (CA$496.7K).
Long Term Liabilities: HMR's short term assets (CA$541.1K) exceed its long term liabilities (CA$94.7K).
Debt to Equity History and Analysis
Debt Level: HMR has more cash than its total debt.
Reducing Debt: HMR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: HMR has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HMR is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.