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 ratio | n/a |
| Cash | CA$53.74k |
| Equity | CA$252.54k |
| Total liabilities | CA$13.86k |
| Total assets | CA$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.