Kingsmen Resources Balance Sheet Health
Financial Health criteria checks 6/6
Kingsmen Resources has a total shareholder equity of CA$963.3K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.0M and CA$61.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$623.57k |
| Equity | CA$963.31k |
| Total liabilities | CA$61.47k |
| Total assets | CA$1.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNG's short term assets (CA$666.0K) exceed its short term liabilities (CA$61.5K).
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 sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 18.3% each year.