Mason Resources Balance Sheet Health
Financial Health criteria checks 6/6
Mason Resources has a total shareholder equity of CA$21.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$21.6M and CA$282.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$7.97m |
Equity | CA$21.28m |
Total liabilities | CA$282.11k |
Total assets | CA$21.56m |
Recent financial health updates
We're A Little Worried About Mason Graphite's (CVE:LLG) Cash Burn Rate
Nov 02Is Mason Graphite (CVE:LLG) In A Good Position To Invest In Growth?
May 12Is Mason Graphite (CVE:LLG) In A Good Position To Deliver On Growth Plans?
Jan 24We're Not Very Worried About Mason Graphite's (CVE:LLG) Cash Burn Rate
Oct 01Mason Graphite (CVE:LLG) Is In A Good Position To Deliver On Growth Plans
Jun 03Recent updates
We're A Little Worried About Mason Graphite's (CVE:LLG) Cash Burn Rate
Nov 02Is Mason Graphite (CVE:LLG) In A Good Position To Invest In Growth?
May 12Is Mason Graphite (CVE:LLG) In A Good Position To Deliver On Growth Plans?
Jan 24We're Not Very Worried About Mason Graphite's (CVE:LLG) Cash Burn Rate
Oct 01Mason Graphite (CVE:LLG) Is In A Good Position To Deliver On Growth Plans
Jun 03Do Insiders Own Lots Of Shares In Mason Graphite Inc. (CVE:LLG)?
Feb 18Financial Position Analysis
Short Term Liabilities: LLG's short term assets (CA$8.3M) exceed its short term liabilities (CA$282.1K).
Long Term Liabilities: LLG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LLG is debt free.
Reducing Debt: LLG has no debt compared to 5 years ago when its debt to equity ratio was 4.3%.
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: LLG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LLG has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 25.5% each year.