Silver Range Resources Balance Sheet Health
Financial Health criteria checks 6/6
Silver Range Resources has a total shareholder equity of CA$9.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.8M and CA$101.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$281.69k |
| Equity | CA$9.72m |
| Total liabilities | CA$101.12k |
| Total assets | CA$9.82m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SNG's short term assets (CA$356.9K) exceed its short term liabilities (CA$101.1K).
Long Term Liabilities: SNG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SNG is debt free.
Reducing Debt: SNG has not had any debt for 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: SNG has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SNG is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.