Morien Resources Balance Sheet Health
Financial Health criteria checks 6/6
Morien Resources has a total shareholder equity of CA$651.3K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.5M and CA$815.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.38m |
| Equity | CA$651.26k |
| Total liabilities | CA$815.07k |
| Total assets | CA$1.47m |
Recent financial health updates
Here's Why We're Not Too Worried About Morien Resources' (CVE:MOX) Cash Burn Situation
Jun 18
We're Not Worried About Morien Resources' (CVE:MOX) Cash Burn
Feb 02Companies Like Morien Resources (CVE:MOX) Are In A Position To Invest In Growth
Jul 01Recent updates
Here's Why We're Not Too Worried About Morien Resources' (CVE:MOX) Cash Burn Situation
Jun 18We're Not Worried About Morien Resources' (CVE:MOX) Cash Burn
Feb 02Companies Like Morien Resources (CVE:MOX) Are In A Position To Invest In Growth
Jul 01It's Probably Less Likely That Morien Resources Corp.'s (CVE:MOX) CEO Will See A Huge Pay Rise This Year
May 13Financial Position Analysis
Short Term Liabilities: MOX's short term assets (CA$1.4M) exceed its short term liabilities (CA$61.7K).
Long Term Liabilities: MOX's short term assets (CA$1.4M) exceed its long term liabilities (CA$753.4K).
Debt to Equity History and Analysis
Debt Level: MOX is debt free.
Reducing Debt: MOX had no debt 5 years ago.
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 MOX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MOX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.6% per year.