Luca Mining Balance Sheet Health
Financial Health criteria checks 2/6
Luca Mining has a total shareholder equity of CA$68.0M and total debt of CA$35.0M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are CA$157.7M and CA$89.7M respectively.
Key information
51.4%
Debt to equity ratio
CA$34.97m
Debt
Interest coverage ratio | n/a |
Cash | CA$3.49m |
Equity | CA$68.00m |
Total liabilities | CA$89.68m |
Total assets | CA$157.68m |
Recent financial health updates
Does Luca Mining (CVE:LUCA) Have A Healthy Balance Sheet?
Aug 18Does Luca Mining (CVE:LUCA) Have A Healthy Balance Sheet?
Oct 14These 4 Measures Indicate That Altaley Mining (CVE:ATLY) Is Using Debt Extensively
Dec 21Recent updates
Does Luca Mining (CVE:LUCA) Have A Healthy Balance Sheet?
Aug 18Investors Holding Back On Luca Mining Corp. (CVE:LUCA)
Jun 19A Piece Of The Puzzle Missing From Luca Mining Corp.'s (CVE:LUCA) 27% Share Price Climb
Mar 14Does Luca Mining (CVE:LUCA) Have A Healthy Balance Sheet?
Oct 14Even With A 30% Surge, Cautious Investors Are Not Rewarding Luca Mining Corp.'s (CVE:LUCA) Performance Completely
Apr 17There's Been No Shortage Of Growth Recently For Luca Mining's (CVE:LUCA) Returns On Capital
Mar 31Altaley Mining's (CVE:ATLY) Earnings Aren't As Good As They Appear
Dec 07Altaley Mining (CVE:ATLY) Shareholders Will Want The ROCE Trajectory To Continue
Sep 01These 4 Measures Indicate That Altaley Mining (CVE:ATLY) Is Using Debt Extensively
Dec 21Financial Position Analysis
Short Term Liabilities: LUCA's short term assets (CA$30.6M) do not cover its short term liabilities (CA$71.3M).
Long Term Liabilities: LUCA's short term assets (CA$30.6M) exceed its long term liabilities (CA$18.4M).
Debt to Equity History and Analysis
Debt Level: LUCA's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: LUCA's debt to equity ratio has reduced from 475.8% to 51.4% 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: LUCA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LUCA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.9% each year