Western Alaska Minerals Corp.

TSXV:WAM Stock Report

Market Cap: CA$38.5m

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 ration/a
CashUS$1.99m
EquityUS$28.55m
Total liabilitiesUS$3.82m
Total assetsUS$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


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