Western Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Western Exploration has a total shareholder equity of $9.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.2M and $1.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.50m |
| Equity | US$9.74m |
| Total liabilities | US$1.43m |
| Total assets | US$11.17m |
Recent financial health updates
Here's Why We're Watching Western Exploration's (CVE:WEX) Cash Burn Situation
Nov 07
Is Western Exploration (CVE:WEX) In A Good Position To Invest In Growth?
May 22Will Western Exploration (CVE:WEX) Spend Its Cash Wisely?
Aug 20We Think Western Exploration (CVE:WEX) Can Afford To Drive Business Growth
Nov 02Recent updates
Here's Why We're Watching Western Exploration's (CVE:WEX) Cash Burn Situation
Nov 07Is Western Exploration (CVE:WEX) In A Good Position To Invest In Growth?
May 22Will Western Exploration (CVE:WEX) Spend Its Cash Wisely?
Aug 20We Think Western Exploration (CVE:WEX) Can Afford To Drive Business Growth
Nov 02Financial Position Analysis
Short Term Liabilities: WEX's short term assets ($2.6M) exceed its short term liabilities ($353.9K).
Long Term Liabilities: WEX's short term assets ($2.6M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: WEX is debt free.
Reducing Debt: WEX has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
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: WEX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.1% each year