Silver Elephant Mining Balance Sheet Health
Financial Health criteria checks 3/6
Silver Elephant Mining has a total shareholder equity of CA$33.7M and total debt of CA$3.7M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are CA$47.5M and CA$13.8M respectively.
Key information
11.1%
Debt to equity ratio
CA$3.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$678.55k |
| Equity | CA$33.66m |
| Total liabilities | CA$13.82m |
| Total assets | CA$47.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1P2's short term assets (CA$1.1M) do not cover its short term liabilities (CA$9.0M).
Long Term Liabilities: 1P2's short term assets (CA$1.1M) do not cover its long term liabilities (CA$4.8M).
Debt to Equity History and Analysis
Debt Level: 1P2's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 1P2's debt to equity ratio has increased from 0% to 11.1% over the 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: 1P2 has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1P2 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.