West Mining Balance Sheet Health
Financial Health criteria checks 4/6
West Mining has a total shareholder equity of CA$8.3M and total debt of CA$62.1K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CA$8.6M and CA$322.6K respectively.
Key information
0.7%
Debt to equity ratio
CA$62.05k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$21.52k |
| Equity | CA$8.28m |
| Total liabilities | CA$322.64k |
| Total assets | CA$8.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1HL0's short term assets (CA$56.6K) do not cover its short term liabilities (CA$322.6K).
Long Term Liabilities: 1HL0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1HL0's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 1HL0's debt to equity ratio has increased from 0% to 0.7% 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: 1HL0 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1HL0 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.