Morien Resources Balance Sheet Health
Financial Health criteria checks 6/6
Morien Resources has a total shareholder equity of CA$285.6K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$952.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.17m |
| Equity | CA$285.58k |
| Total liabilities | CA$952.74k |
| Total assets | CA$1.24m |
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
Shareholders May Not Be So Generous With Morien Resources Corp.'s (CVE:MOX) CEO Compensation And Here's Why
Jun 13Here'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$1.2M) exceed its short term liabilities (CA$86.3K).
Long Term Liabilities: MOX's short term assets (CA$1.2M) exceed its long term liabilities (CA$866.4K).
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: MOX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MOX has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 0.8% each year.