Clarity Metals Balance Sheet Health
Financial Health criteria checks 3/6
Clarity Metals has a total shareholder equity of CA$256.7K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$852.0K and CA$595.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.59k |
| Equity | CA$256.73k |
| Total liabilities | CA$595.23k |
| Total assets | CA$851.96k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 27G0's short term assets (CA$32.1K) do not cover its short term liabilities (CA$595.2K).
Long Term Liabilities: 27G0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 27G0 is debt free.
Reducing Debt: 27G0 has not had any debt for 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: 27G0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 27G0 has less than a year of cash runway if free cash flow continues to grow at historical rates of 13% each year.