Kesselrun Resources Balance Sheet Health
Financial Health criteria checks 5/6
Kesselrun Resources has a total shareholder equity of CA$9.3M and total debt of CA$134.0K, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CA$11.5M and CA$2.2M respectively.
Key information
1.4%
Debt to equity ratio
CA$134.02k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$826.72k |
| Equity | CA$9.31m |
| Total liabilities | CA$2.19m |
| Total assets | CA$11.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMG's short term assets (CA$883.4K) do not cover its short term liabilities (CA$1.6M).
Long Term Liabilities: CMG's short term assets (CA$883.4K) exceed its long term liabilities (CA$588.0K).
Debt to Equity History and Analysis
Debt Level: CMG has more cash than its total debt.
Reducing Debt: CMG's debt to equity ratio has reduced from 15.3% to 1.4% 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: CMG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CMG has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 22.1% each year.