Kingman Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Kingman Minerals has a total shareholder equity of CA$1.4M and total debt of CA$50.0K, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CA$1.9M and CA$579.9K respectively.
Key information
3.7%
Debt to equity ratio
CA$50.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$25.51k |
| Equity | CA$1.37m |
| Total liabilities | CA$579.92k |
| Total assets | CA$1.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 47A's short term assets (CA$43.8K) do not cover its short term liabilities (CA$579.9K).
Long Term Liabilities: 47A has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 47A's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 47A's debt to equity ratio has increased from 0% to 3.7% 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: 47A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 47A has less than a year of cash runway if free cash flow continues to grow at historical rates of 4% each year.