Inventus Mining Balance Sheet Health
Financial Health criteria checks 3/6
Inventus Mining has a total shareholder equity of CA$110.9K and total debt of CA$40.0K, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are CA$492.4K and CA$381.6K respectively.
Key information
36.1%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$289.65k |
Equity | CA$110.85k |
Total liabilities | CA$381.57k |
Total assets | CA$492.42k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3GIA's short term assets (CA$306.2K) exceed its short term liabilities (CA$241.7K).
Long Term Liabilities: 3GIA's short term assets (CA$306.2K) exceed its long term liabilities (CA$139.8K).
Debt to Equity History and Analysis
Debt Level: 3GIA has more cash than its total debt.
Reducing Debt: 3GIA's debt to equity ratio has increased from 0% to 36.1% 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: 3GIA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 3GIA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.5% each year