Osino Resources Balance Sheet Health
Financial Health criteria checks 2/6
Osino Resources has a total shareholder equity of CA$-3.8M and total debt of CA$20.0M, which brings its debt-to-equity ratio to -530.4%. Its total assets and total liabilities are CA$26.8M and CA$30.6M respectively.
Key information
-530.4%
Debt to equity ratio
CA$20.04m
Debt
Interest coverage ratio | n/a |
Cash | CA$9.34m |
Equity | -CA$3.78m |
Total liabilities | CA$30.60m |
Total assets | CA$26.82m |
Recent financial health updates
Osino Resources (CVE:OSI) Is Making Moderate Use Of Debt
Sep 13Osino Resources (CVE:OSI) Has Debt But No Earnings; Should You Worry?
May 05Osino Resources (CVE:OSI) Will Have To Spend Its Cash Wisely
May 18We're Not Very Worried About Osino Resources' (CVE:OSI) Cash Burn Rate
Jan 01Recent updates
Osino Resources (CVE:OSI) Is Making Moderate Use Of Debt
Sep 13Osino Resources (CVE:OSI) Has Debt But No Earnings; Should You Worry?
May 05Osino Resources (CVE:OSI) Will Have To Spend Its Cash Wisely
May 18Is Osino Resources Corp.'s (CVE:OSI) Shareholder Ownership Skewed Towards Insiders?
Mar 04We're Not Very Worried About Osino Resources' (CVE:OSI) Cash Burn Rate
Jan 01Financial Position Analysis
Short Term Liabilities: OSI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OSI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OSI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OSI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: OSI has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OSI is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.