Western Exploration Balance Sheet Health
Financial Health criteria checks 5/6
Western Exploration has a total shareholder equity of $8.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $9.3M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$519.70k |
| Equity | US$7.97m |
| Total liabilities | US$1.33m |
| Total assets | US$9.30m |
Financial Position Analysis
Short Term Liabilities: WEX's short term assets ($722.1K) exceed its short term liabilities ($249.1K).
Long Term Liabilities: WEX's short term assets ($722.1K) do not cover its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: WEX is debt free.
Reducing Debt: WEX had no debt 5 years ago.
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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WEX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.