Regulus Resources Balance Sheet Health
Financial Health criteria checks 6/6
Regulus Resources has a total shareholder equity of CA$68.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$69.2M and CA$1.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$16.53m |
Equity | CA$68.05m |
Total liabilities | CA$1.11m |
Total assets | CA$69.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3LI's short term assets (CA$16.8M) exceed its short term liabilities (CA$874.1K).
Long Term Liabilities: 3LI's short term assets (CA$16.8M) exceed its long term liabilities (CA$234.8K).
Debt to Equity History and Analysis
Debt Level: 3LI is debt free.
Reducing Debt: 3LI had no debt 5 years ago.
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: 3LI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3LI has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 9.6% each year.