Olive Resource Capital Balance Sheet Health
Financial Health criteria checks 6/6
Olive Resource Capital has a total shareholder equity of CA$6.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.8M and CA$198.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.32m |
| Equity | CA$6.62m |
| Total liabilities | CA$198.93k |
| Total assets | CA$6.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DFU's short term assets (CA$4.4M) exceed its short term liabilities (CA$117.3K).
Long Term Liabilities: DFU's short term assets (CA$4.4M) exceed its long term liabilities (CA$81.6K).
Debt to Equity History and Analysis
Debt Level: DFU is debt free.
Reducing Debt: DFU 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: Whilst unprofitable DFU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DFU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.9% per year.