Los Andes Copper Balance Sheet Health
Financial Health criteria checks 5/6
Los Andes Copper has a total shareholder equity of CA$75.3M and total debt of CA$13.9M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CA$104.7M and CA$29.4M respectively.
Key information
18.4%
Debt to equity ratio
CA$13.85m
Debt
Interest coverage ratio | n/a |
Cash | CA$30.13m |
Equity | CA$75.28m |
Total liabilities | CA$29.37m |
Total assets | CA$104.65m |
Recent financial health updates
Is Los Andes Copper (CVE:LA) A Risky Investment?
Jul 27Is Los Andes Copper (CVE:LA) Using Debt In A Risky Way?
Dec 22Would Los Andes Copper (CVE:LA) Be Better Off With Less Debt?
Jun 10Health Check: How Prudently Does Los Andes Copper (CVE:LA) Use Debt?
Feb 01Los Andes Copper (CVE:LA) Has Debt But No Earnings; Should You Worry?
Sep 21Recent updates
Is Los Andes Copper (CVE:LA) A Risky Investment?
Jul 27Is Los Andes Copper (CVE:LA) Using Debt In A Risky Way?
Dec 22Would Los Andes Copper (CVE:LA) Be Better Off With Less Debt?
Jun 10Health Check: How Prudently Does Los Andes Copper (CVE:LA) Use Debt?
Feb 01Los Andes Copper (CVE:LA) Has Debt But No Earnings; Should You Worry?
Sep 21Financial Position Analysis
Short Term Liabilities: LA's short term assets (CA$31.2M) exceed its short term liabilities (CA$904.4K).
Long Term Liabilities: LA's short term assets (CA$31.2M) exceed its long term liabilities (CA$28.5M).
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 18.4% 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 14.7% per year.