Geologica Resource Balance Sheet Health
Financial Health criteria checks 1/6
Geologica Resource has a total shareholder equity of CA$12.1K and total debt of CA$126.8K, which brings its debt-to-equity ratio to 1044.7%. Its total assets and total liabilities are CA$476.7K and CA$464.6K respectively.
Key information
1,044.7%
Debt to equity ratio
CA$126.82k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$47.09k |
| Equity | CA$12.14k |
| Total liabilities | CA$464.59k |
| Total assets | CA$476.73k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 862's short term assets (CA$121.7K) do not cover its short term liabilities (CA$464.6K).
Long Term Liabilities: 862 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 862's net debt to equity ratio (656.8%) is considered high.
Reducing Debt: 862's debt to equity ratio has increased from 31% to 1044.7% over the 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: 862 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 862 has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.1% each year.