Searchlight Resources Inc.

DB:2CC2 Stock Report

Market Cap: €483.2k

Searchlight Resources Balance Sheet Health

Financial Health criteria checks 4/6

Searchlight Resources has a total shareholder equity of CA$983.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$173.5K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$197.13k
EquityCA$982.96k
Total liabilitiesCA$173.53k
Total assetsCA$1.16m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 2CC2's short term assets (CA$368.8K) exceed its short term liabilities (CA$173.5K).

Long Term Liabilities: 2CC2 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 2CC2 is debt free.

Reducing Debt: 2CC2 currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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 10.6% each year


Discover healthy companies