Highcliff Metals Balance Sheet Health
Financial Health criteria checks 3/6
Highcliff Metals has a total shareholder equity of CA$-126.3K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.8M and CA$2.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$146.14k |
| Equity | -CA$126.29k |
| Total liabilities | CA$1.96m |
| Total assets | CA$1.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V66 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: V66 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: V66 is debt free.
Reducing Debt: V66's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: V66 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: V66 has no debt, therefore coverage of interest payments is not a concern.