Western Alaska Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Western Alaska Minerals has a total shareholder equity of $28.6M and total debt of $2.8M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are $32.4M and $3.8M respectively.
Key information
9.8%
Debt to equity ratio
US$2.79m
Debt
Interest coverage ratio | n/a |
Cash | US$1.99m |
Equity | US$28.55m |
Total liabilities | US$3.82m |
Total assets | US$32.37m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAM's short term assets ($2.3M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: WAM's short term assets ($2.3M) do not cover its long term liabilities ($2.5M).
Debt to Equity History and Analysis
Debt Level: WAM's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WAM's debt to equity ratio has reduced 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: WAM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WAM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 67.8% each year