Jaxon Mining Balance Sheet Health
Financial Health criteria checks 2/6
Jaxon Mining has a total shareholder equity of CA$6.2M and total debt of CA$50.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CA$7.3M and CA$1.1M respectively.
Key information
0.8%
Debt to equity ratio
CA$50.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$24.19k |
| Equity | CA$6.24m |
| Total liabilities | CA$1.09m |
| Total assets | CA$7.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAX's short term assets (CA$107.9K) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: JAX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JAX's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: JAX's debt to equity ratio has increased from 0% to 0.8% over the 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: Insufficient data to determine if JAX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if JAX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.