Vulcan Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Vulcan Minerals has a total shareholder equity of CA$43.7M and total debt of CA$30.0K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CA$47.4M and CA$3.8M respectively. Vulcan Minerals's EBIT is CA$559.1K making its interest coverage ratio -2.8. It has cash and short-term investments of CA$6.5M.
Key information
0.07%
Debt to equity ratio
CA$30.00k
Debt
| Interest coverage ratio | -2.8x |
| Cash | CA$6.47m |
| Equity | CA$43.67m |
| Total liabilities | CA$3.78m |
| Total assets | CA$47.45m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: VUL's short term assets (CA$6.6M) exceed its short term liabilities (CA$196.6K).
Long Term Liabilities: VUL's short term assets (CA$6.6M) exceed its long term liabilities (CA$3.6M).
Debt to Equity History and Analysis
Debt Level: VUL has more cash than its total debt.
Reducing Debt: VUL's debt to equity ratio has increased from 0% to 0.07% over the past 5 years.
Debt Coverage: VUL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VUL earns more interest than it pays, so coverage of interest payments is not a concern.