Vendetta Mining Balance Sheet Health
Financial Health criteria checks 5/6
Vendetta Mining has a total shareholder equity of CA$5.1M and total debt of CA$30.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CA$6.1M and CA$1.0M respectively.
Key information
0.6%
Debt to equity ratio
CA$30.03k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$18.07k |
| Equity | CA$5.05m |
| Total liabilities | CA$1.05m |
| Total assets | CA$6.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5V8's short term assets (CA$63.2K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: 5V8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 5V8's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 5V8's debt to equity ratio has reduced from 92% to 0.6% 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: 5V8 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 5V8 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.