Searchlight Resources Balance Sheet Health
Financial Health criteria checks 4/6
Searchlight Resources has a total shareholder equity of CA$916.1K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.1M and CA$211.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$174.17k |
| Equity | CA$916.11k |
| Total liabilities | CA$211.61k |
| Total assets | CA$1.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2CC2's short term assets (CA$340.0K) exceed its short term liabilities (CA$211.6K).
Long Term Liabilities: 2CC2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2CC2 is debt free.
Reducing Debt: 2CC2 has no debt compared to 5 years ago when its debt to equity ratio was 263.9%.
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: 2CC2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2CC2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.2% each year