West Vault Mining Balance Sheet Health
Financial Health criteria checks 5/6
West Vault Mining has a total shareholder equity of CA$40.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$52.3M and CA$12.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.76m |
| Equity | CA$40.16m |
| Total liabilities | CA$12.15m |
| Total assets | CA$52.31m |
Recent financial health updates
We're Interested To See How West Vault Mining (CVE:WVM) Uses Its Cash Hoard To Grow
Aug 21
West Vault Mining (CVE:WVM) Is In A Strong Position To Grow Its Business
Mar 23Here's Why We're Not At All Concerned With West Vault Mining's (CVE:WVM) Cash Burn Situation
Dec 06Here's Why We're Not At All Concerned With West Vault Mining's (CVE:WVM) Cash Burn Situation
Aug 22We Think West Vault Mining (CVE:WVM) Can Easily Afford To Drive Business Growth
Jan 25Here's Why We're Not At All Concerned With West Vault Mining's (CVE:WVM) Cash Burn Situation
Oct 06Recent updates
We're Interested To See How West Vault Mining (CVE:WVM) Uses Its Cash Hoard To Grow
Aug 21West Vault Mining (CVE:WVM) Is In A Strong Position To Grow Its Business
Mar 23Here's Why We're Not At All Concerned With West Vault Mining's (CVE:WVM) Cash Burn Situation
Dec 06Here's Why We're Not At All Concerned With West Vault Mining's (CVE:WVM) Cash Burn Situation
Aug 22We Think West Vault Mining (CVE:WVM) Can Easily Afford To Drive Business Growth
Jan 25Here's Why We're Not At All Concerned With West Vault Mining's (CVE:WVM) Cash Burn Situation
Oct 06Financial Position Analysis
Short Term Liabilities: WVM's short term assets (CA$3.8M) exceed its short term liabilities (CA$206.0K).
Long Term Liabilities: WVM's short term assets (CA$3.8M) do not cover its long term liabilities (CA$11.9M).
Debt to Equity History and Analysis
Debt Level: WVM is debt free.
Reducing Debt: WVM 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: WVM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: WVM has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 5.4% each year