Phenom Resources Balance Sheet Health

Financial Health criteria checks 4/6

Phenom Resources has a total shareholder equity of CA$20.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$20.4M and CA$289.5K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$914.74k
EquityCA$20.08m
Total liabilitiesCA$289.49k
Total assetsCA$20.37m

Recent financial health updates

Recent updates

Companies Like Phenom Resources (CVE:PHNM) Could Be Quite Risky

Nov 28
Companies Like Phenom Resources (CVE:PHNM) Could Be Quite Risky

We're Not Very Worried About Phenom Resources' (CVE:PHNM) Cash Burn Rate

Aug 10
We're Not Very Worried About Phenom Resources' (CVE:PHNM) Cash Burn Rate

Companies Like First Vanadium (CVE:FVAN) Are In A Position To Invest In Growth

Feb 17
Companies Like First Vanadium (CVE:FVAN) Are In A Position To Invest In Growth

Financial Position Analysis

Short Term Liabilities: PHNM's short term assets (CA$949.6K) exceed its short term liabilities (CA$289.5K).

Long Term Liabilities: PHNM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PHNM is debt free.

Reducing Debt: PHNM has not had any debt for 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: PHNM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PHNM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.5% each year


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