Seasif Exploration Balance Sheet Health
Financial Health criteria checks 3/6
Seasif Exploration has a total shareholder equity of CA$4.4M and total debt of CA$70.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CA$5.0M and CA$597.9K respectively.
Key information
1.6%
Debt to equity ratio
CA$70.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$52.91k |
| Equity | CA$4.41m |
| Total liabilities | CA$597.85k |
| Total assets | CA$5.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAF's short term assets (CA$59.7K) do not cover its short term liabilities (CA$597.9K).
Long Term Liabilities: SAF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SAF's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: SAF's debt to equity ratio has reduced from 4% to 1.6% 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: SAF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SAF has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.8% each year.