Murchison Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Murchison Minerals has a total shareholder equity of CA$465.9K and total debt of CA$17.3K, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CA$569.5K and CA$103.6K respectively.
Key information
3.7%
Debt to equity ratio
CA$17.27k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$212.60k |
| Equity | CA$465.92k |
| Total liabilities | CA$103.62k |
| Total assets | CA$569.54k |
Financial Position Analysis
Short Term Liabilities: MUR's short term assets (CA$469.6K) exceed its short term liabilities (CA$96.9K).
Long Term Liabilities: MUR's short term assets (CA$469.6K) exceed its long term liabilities (CA$6.7K).
Debt to Equity History and Analysis
Debt Level: MUR has more cash than its total debt.
Reducing Debt: MUR's debt to equity ratio has increased from 0% to 3.7% 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: MUR has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MUR is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.