Newport Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Newport Exploration has a total shareholder equity of CA$2.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.7M and CA$101.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.67m |
| Equity | CA$2.58m |
| Total liabilities | CA$101.91k |
| Total assets | CA$2.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1XX's short term assets (CA$2.6M) exceed its short term liabilities (CA$101.9K).
Long Term Liabilities: 1XX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1XX is debt free.
Reducing Debt: 1XX has not had any debt for past 5 years.
Debt Coverage: 1XX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1XX has no debt, therefore coverage of interest payments is not a concern.