ZincX Resources Balance Sheet Health
Financial Health criteria checks 5/6
ZincX Resources has a total shareholder equity of CA$24.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.7M and CA$1.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$883.35k |
| Equity | CA$24.32m |
| Total liabilities | CA$1.42m |
| Total assets | CA$25.73m |
Financial Position Analysis
Short Term Liabilities: ZNX's short term assets (CA$944.8K) do not cover its short term liabilities (CA$1.4M).
Long Term Liabilities: ZNX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZNX is debt free.
Reducing Debt: ZNX 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: ZNX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ZNX has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 31.3% each year.