VR Resources Balance Sheet Health
Financial Health criteria checks 6/6
VR Resources has a total shareholder equity of CA$4.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.1M and CA$64.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.56m |
| Equity | CA$4.03m |
| Total liabilities | CA$64.55k |
| Total assets | CA$4.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5VR's short term assets (CA$1.6M) exceed its short term liabilities (CA$64.6K).
Long Term Liabilities: 5VR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 5VR is debt free.
Reducing Debt: 5VR has not had any debt for 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: 5VR has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 5VR is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.