Excellon Resources Balance Sheet Health
Financial Health criteria checks 3/6
Excellon Resources has a total shareholder equity of $8.1M and total debt of $3.2M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are $16.1M and $8.0M respectively.
Key information
39.0%
Debt to equity ratio
US$3.16m
Debt
| Interest coverage ratio | n/a |
| Cash | US$213.00k |
| Equity | US$8.11m |
| Total liabilities | US$8.02m |
| Total assets | US$16.13m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E4X2's short term assets ($802.0K) do not cover its short term liabilities ($4.9M).
Long Term Liabilities: E4X2's short term assets ($802.0K) do not cover its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: E4X2's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: E4X2's debt to equity ratio has increased from 0% to 39% 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: E4X2 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: E4X2 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.