Alta Copper Balance Sheet Health
Financial Health criteria checks 4/6
Alta Copper has a total shareholder equity of $70.2M and total debt of $30.2K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are $70.5M and $304.3K respectively.
Key information
0.04%
Debt to equity ratio
US$30.24k
Debt
Interest coverage ratio | n/a |
Cash | US$2.42m |
Equity | US$70.20m |
Total liabilities | US$304.25k |
Total assets | US$70.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8BF's short term assets ($2.6M) exceed its short term liabilities ($274.0K).
Long Term Liabilities: 8BF's short term assets ($2.6M) exceed its long term liabilities ($30.2K).
Debt to Equity History and Analysis
Debt Level: 8BF has more cash than its total debt.
Reducing Debt: 8BF's debt to equity ratio has increased from 0% to 0.04% 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: 8BF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8BF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18% each year