Viscount Mining Balance Sheet Health
Financial Health criteria checks 2/6
Viscount Mining has a total shareholder equity of CA$5.4M and total debt of CA$277.4K, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CA$6.6M and CA$1.2M respectively.
Key information
5.2%
Debt to equity ratio
CA$277.40k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$42.40k |
| Equity | CA$5.36m |
| Total liabilities | CA$1.23m |
| Total assets | CA$6.59m |
Recent financial health updates
Is Viscount Mining (CVE:VML) In A Good Position To Invest In Growth?
Aug 02
We're Keeping An Eye On Viscount Mining's (CVE:VML) Cash Burn Rate
Feb 08Is Viscount Mining (CVE:VML) In A Good Position To Deliver On Growth Plans?
Oct 08Here's Why We're Watching Viscount Mining's (CVE:VML) Cash Burn Situation
May 19Here's Why We're Not Too Worried About Viscount Mining's (CVE:VML) Cash Burn Situation
Feb 03Recent updates
Is Viscount Mining (CVE:VML) In A Good Position To Invest In Growth?
Aug 02We're Keeping An Eye On Viscount Mining's (CVE:VML) Cash Burn Rate
Feb 08Is Viscount Mining (CVE:VML) In A Good Position To Deliver On Growth Plans?
Oct 08Here's Why We're Watching Viscount Mining's (CVE:VML) Cash Burn Situation
May 19Here's Why We're Not Too Worried About Viscount Mining's (CVE:VML) Cash Burn Situation
Feb 03Financial Position Analysis
Short Term Liabilities: VML's short term assets (CA$73.7K) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: VML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VML's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: VML's debt to equity ratio has increased from 0.6% to 5.2% over the 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: VML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.5% each year