Strathmore Plus Uranium Balance Sheet Health
Financial Health criteria checks 6/6
Strathmore Plus Uranium has a total shareholder equity of CA$3.8M and total debt of CA$500.0K, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CA$4.5M and CA$657.0K respectively.
Key information
13.2%
Debt to equity ratio
CA$500.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.04m |
| Equity | CA$3.80m |
| Total liabilities | CA$657.03k |
| Total assets | CA$4.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TO3's short term assets (CA$3.2M) exceed its short term liabilities (CA$657.0K).
Long Term Liabilities: TO3 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TO3 has more cash than its total debt.
Reducing Debt: TO3 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: TO3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TO3 is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.