Wolfden Resources Balance Sheet Health
Financial Health criteria checks 4/6
Wolfden Resources has a total shareholder equity of CA$701.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$499.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.10m |
| Equity | CA$701.18k |
| Total liabilities | CA$499.87k |
| Total assets | CA$1.20m |
Recent financial health updates
We're Hopeful That Wolfden Resources (CVE:WLF) Will Use Its Cash Wisely
May 04
We're Keeping An Eye On Wolfden Resources' (CVE:WLF) Cash Burn Rate
Nov 29Will Wolfden Resources (CVE:WLF) Spend Its Cash Wisely?
Aug 05We're Hopeful That Wolfden Resources (CVE:WLF) Will Use Its Cash Wisely
Mar 24We're Not Worried About Wolfden Resources' (CVE:WLF) Cash Burn
Nov 15We're Not Very Worried About Wolfden Resources' (CVE:WLF) Cash Burn Rate
Jul 30Recent updates
We're Hopeful That Wolfden Resources (CVE:WLF) Will Use Its Cash Wisely
May 04We're Keeping An Eye On Wolfden Resources' (CVE:WLF) Cash Burn Rate
Nov 29Will Wolfden Resources (CVE:WLF) Spend Its Cash Wisely?
Aug 05We're Hopeful That Wolfden Resources (CVE:WLF) Will Use Its Cash Wisely
Mar 24We're Not Worried About Wolfden Resources' (CVE:WLF) Cash Burn
Nov 15We're Not Very Worried About Wolfden Resources' (CVE:WLF) Cash Burn Rate
Jul 30We're Not Worried About Wolfden Resources' (CVE:WLF) Cash Burn
Nov 26
Financial Position Analysis
Short Term Liabilities: WLF's short term assets (CA$1.2M) exceed its short term liabilities (CA$499.9K).
Long Term Liabilities: WLF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WLF is debt free.
Reducing Debt: WLF has not had any debt for 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: WLF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WLF has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.4% each year.