Wescan Goldfields Balance Sheet Health
Financial Health criteria checks 6/6
Wescan Goldfields has a total shareholder equity of CA$66.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$183.5K and CA$117.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$179.70k |
Equity | CA$66.47k |
Total liabilities | CA$117.04k |
Total assets | CA$183.50k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WGF's short term assets (CA$182.4K) exceed its short term liabilities (CA$41.5K).
Long Term Liabilities: WGF's short term assets (CA$182.4K) exceed its long term liabilities (CA$75.5K).
Debt to Equity History and Analysis
Debt Level: WGF is debt free.
Reducing Debt: WGF 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: WGF has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WGF is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.