Signature Resources Balance Sheet Health
Financial Health criteria checks 5/6
Signature Resources has a total shareholder equity of CA$444.9K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.5M and CA$2.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.77m |
| Equity | CA$444.88k |
| Total liabilities | CA$2.10m |
| Total assets | CA$2.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGU's short term assets (CA$2.0M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: SGU's short term assets (CA$2.0M) exceed its long term liabilities (CA$872.8K).
Debt to Equity History and Analysis
Debt Level: SGU is debt free.
Reducing Debt: SGU has no debt compared to 5 years ago when its debt to equity ratio was 3.9%.
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: SGU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SGU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.8% each year