Forty Pillars Mining Balance Sheet Health
Financial Health criteria checks 5/6
Forty Pillars Mining has a total shareholder equity of CA$200.9K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$575.6K and CA$374.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$17.84k |
| Equity | CA$200.89k |
| Total liabilities | CA$374.73k |
| Total assets | CA$575.62k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 69D's short term assets (CA$38.6K) do not cover its short term liabilities (CA$374.7K).
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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 69D is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.