SRQ Resources Balance Sheet Health
Financial Health criteria checks 4/6
SRQ Resources has a total shareholder equity of CA$691.3K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$917.2K and CA$225.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$403.53k |
| Equity | CA$691.32k |
| Total liabilities | CA$225.86k |
| Total assets | CA$917.18k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRQ's short term assets (CA$848.7K) exceed its short term liabilities (CA$225.9K).
Long Term Liabilities: SRQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SRQ is debt free.
Reducing Debt: SRQ 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: SRQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SRQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.5% each year