Millbank Mining Balance Sheet Health

Financial Health criteria checks 6/6

Millbank Mining has a total shareholder equity of CA$252.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$266.4K and CA$13.9K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$53.74k
EquityCA$252.54k
Total liabilitiesCA$13.86k
Total assetsCA$266.40k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 83W's short term assets (CA$65.0K) exceed its short term liabilities (CA$13.9K).

Long Term Liabilities: 83W has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 83W is debt free.

Reducing Debt: 83W 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: 83W has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: 83W is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.


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