Solis Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Solis Minerals has a total shareholder equity of CA$12.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$12.7M and CA$694.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.00m |
| Equity | CA$12.02m |
| Total liabilities | CA$694.71k |
| Total assets | CA$12.72m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SLMN's short term assets (CA$5.3M) exceed its short term liabilities (CA$628.6K).
Long Term Liabilities: SLMN's short term assets (CA$5.3M) exceed its long term liabilities (CA$66.1K).
Debt to Equity History and Analysis
Debt Level: SLMN is debt free.
Reducing Debt: SLMN had no debt 5 years ago.
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: SLMN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SLMN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37% each year