Homeland Nickel Balance Sheet Health
Financial Health criteria checks 6/6
Homeland Nickel has a total shareholder equity of CA$12.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$15.0M and CA$2.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$8.14m |
| Equity | CA$12.47m |
| Total liabilities | CA$2.58m |
| Total assets | CA$15.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SHL's short term assets (CA$8.3M) exceed its short term liabilities (CA$144.7K).
Long Term Liabilities: SHL's short term assets (CA$8.3M) exceed its long term liabilities (CA$2.4M).
Debt to Equity History and Analysis
Debt Level: SHL is debt free.
Reducing Debt: SHL has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Debt Coverage: SHL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SHL has no debt, therefore coverage of interest payments is not a concern.