Los Andes Copper Balance Sheet Health
Financial Health criteria checks 5/6
Los Andes Copper has a total shareholder equity of CA$80.0M and total debt of CA$13.2M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are CA$109.0M and CA$28.9M respectively.
Key information
16.5%
Debt to equity ratio
CA$13.22m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$31.69m |
| Equity | CA$80.05m |
| Total liabilities | CA$28.94m |
| Total assets | CA$108.99m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LA's short term assets (CA$32.6M) exceed its short term liabilities (CA$966.4K).
Long Term Liabilities: LA's short term assets (CA$32.6M) exceed its long term liabilities (CA$28.0M).
Debt to Equity History and Analysis
Debt Level: LA has more cash than its total debt.
Reducing Debt: LA's debt to equity ratio has increased from 0% to 16.5% 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: Whilst unprofitable LA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.9% per year.