West Mining Balance Sheet Health
Financial Health criteria checks 3/6
West Mining has a total shareholder equity of CA$9.0M and total debt of CA$41.6K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CA$9.2M and CA$262.7K respectively.
Key information
0.5%
Debt to equity ratio
CA$41.55k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$422.54k |
| Equity | CA$8.98m |
| Total liabilities | CA$262.74k |
| Total assets | CA$9.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1HL0's short term assets (CA$666.5K) exceed its short term liabilities (CA$262.7K).
Long Term Liabilities: 1HL0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1HL0 has more cash than its total debt.
Reducing Debt: 1HL0's debt to equity ratio has increased from 0% to 0.5% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1HL0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.6% each year