Silver Storm Mining Balance Sheet Health
Financial Health criteria checks 2/6
Silver Storm Mining has a total shareholder equity of CA$21.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$36.8M and CA$14.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.40m |
| Equity | CA$21.93m |
| Total liabilities | CA$14.82m |
| Total assets | CA$36.75m |
Recent financial health updates
We Think Golden Tag Resources (CVE:GOG) Can Easily Afford To Drive Business Growth
Aug 18
Here's Why We're Not Too Worried About Golden Tag Resources' (CVE:GOG) Cash Burn Situation
Apr 27We're Not Very Worried About Golden Tag Resources' (CVE:GOG) Cash Burn Rate
Sep 22Golden Tag Resources (CVE:GOG) Is In A Good Position To Deliver On Growth Plans
Jun 07Is Golden Tag Resources (CVE:GOG) In A Good Position To Invest In Growth?
Oct 26We Think Golden Tag Resources (CVE:GOG) Can Afford To Drive Business Growth
Jul 09Recent updates
We Think Golden Tag Resources (CVE:GOG) Can Easily Afford To Drive Business Growth
Aug 18Here's Why We're Not Too Worried About Golden Tag Resources' (CVE:GOG) Cash Burn Situation
Apr 27We're Not Very Worried About Golden Tag Resources' (CVE:GOG) Cash Burn Rate
Sep 22Golden Tag Resources (CVE:GOG) Is In A Good Position To Deliver On Growth Plans
Jun 07Is Golden Tag Resources (CVE:GOG) In A Good Position To Invest In Growth?
Oct 26We Think Golden Tag Resources (CVE:GOG) Can Afford To Drive Business Growth
Jul 09We're Not Very Worried About Golden Tag Resources' (CVE:GOG) Cash Burn Rate
Mar 19We're Not Very Worried About Golden Tag Resources' (CVE:GOG) Cash Burn Rate
Dec 04
Financial Position Analysis
Short Term Liabilities: SVRS's short term assets (CA$4.9M) do not cover its short term liabilities (CA$5.6M).
Long Term Liabilities: SVRS's short term assets (CA$4.9M) do not cover its long term liabilities (CA$9.2M).
Debt to Equity History and Analysis
Debt Level: SVRS is debt free.
Reducing Debt: SVRS 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: SVRS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SVRS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45% each year