Forty Pillars Mining Balance Sheet Health
Financial Health criteria checks 3/6
Forty Pillars Mining has a total shareholder equity of CA$314.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$604.8K and CA$290.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$43.96k |
| Equity | CA$314.50k |
| Total liabilities | CA$290.27k |
| Total assets | CA$604.77k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 69D's short term assets (CA$67.8K) do not cover its short term liabilities (CA$290.3K).
Long Term Liabilities: 69D has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 69D is debt free.
Reducing Debt: 69D 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: 69D has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 69D has less than a year of cash runway if free cash flow continues to grow at historical rates of 121.6% each year.