World Copper Balance Sheet Health
Financial Health criteria checks 3/6
World Copper has a total shareholder equity of CA$35.5M and total debt of CA$4.8M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are CA$43.0M and CA$7.5M respectively.
Key information
13.6%
Debt to equity ratio
CA$4.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$53.75k |
| Equity | CA$35.49m |
| Total liabilities | CA$7.47m |
| Total assets | CA$42.96m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: WCU's short term assets (CA$278.6K) do not cover its short term liabilities (CA$2.8M).
Long Term Liabilities: WCU's short term assets (CA$278.6K) do not cover its long term liabilities (CA$4.7M).
Debt to Equity History and Analysis
Debt Level: WCU's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WCU'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: WCU has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WCU is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.