Murchison Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Murchison Minerals has a total shareholder equity of CA$1.0M and total debt of CA$21.8K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CA$1.5M and CA$480.7K respectively.
Key information
2.1%
Debt to equity ratio
CA$21.76k
Debt
Interest coverage ratio | n/a |
Cash | CA$927.96k |
Equity | CA$1.03m |
Total liabilities | CA$480.70k |
Total assets | CA$1.51m |
Financial Position Analysis
Short Term Liabilities: MUR's short term assets (CA$1.4M) exceed its short term liabilities (CA$469.5K).
Long Term Liabilities: MUR's short term assets (CA$1.4M) exceed its long term liabilities (CA$11.2K).
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 2.1% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MUR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17% each year