Kenorland Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Kenorland Minerals has a total shareholder equity of CA$42.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$50.1M and CA$7.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$25.43m |
Equity | CA$42.45m |
Total liabilities | CA$7.64m |
Total assets | CA$50.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KLD's short term assets (CA$29.2M) exceed its short term liabilities (CA$5.7M).
Long Term Liabilities: KLD's short term assets (CA$29.2M) exceed its long term liabilities (CA$1.9M).
Debt to Equity History and Analysis
Debt Level: KLD is debt free.
Reducing Debt: KLD had no debt 5 years ago.
Debt Coverage: KLD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KLD has no debt, therefore coverage of interest payments is not a concern.