Norden Crown Metals Balance Sheet Health
Financial Health criteria checks 4/6
Norden Crown Metals has a total shareholder equity of CA$3.9M and total debt of CA$212.0K, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CA$4.4M and CA$451.8K respectively.
Key information
5.4%
Debt to equity ratio
CA$212.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$91.68k |
| Equity | CA$3.92m |
| Total liabilities | CA$451.81k |
| Total assets | CA$4.37m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 03E's short term assets (CA$106.1K) do not cover its short term liabilities (CA$451.8K).
Long Term Liabilities: 03E has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 03E's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 03E's debt to equity ratio has increased from 0% to 5.4% 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: 03E has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 03E is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.