Searchlight Resources Balance Sheet Health
Financial Health criteria checks 4/6
Searchlight Resources has a total shareholder equity of CA$1.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.3M and CA$135.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$326.01k |
| Equity | CA$1.12m |
| Total liabilities | CA$135.06k |
| Total assets | CA$1.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCLT's short term assets (CA$498.4K) exceed its short term liabilities (CA$135.1K).
Long Term Liabilities: SCLT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SCLT is debt free.
Reducing Debt: SCLT currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: SCLT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SCLT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year