Kingsmen Resources Balance Sheet Health
Financial Health criteria checks 5/6
Kingsmen Resources has a total shareholder equity of CA$1.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.3M and CA$63.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$908.86k |
Equity | CA$1.21m |
Total liabilities | CA$63.07k |
Total assets | CA$1.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNG's short term assets (CA$940.7K) exceed its short term liabilities (CA$63.1K).
Long Term Liabilities: KNG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KNG is debt free.
Reducing Debt: KNG 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: KNG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KNG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.6% each year