Canadian North Resources Balance Sheet Health
Financial Health criteria checks 4/6
Canadian North Resources has a total shareholder equity of CA$44.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$48.6M and CA$4.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.78m |
| Equity | CA$44.35m |
| Total liabilities | CA$4.25m |
| Total assets | CA$48.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EO0's short term assets (CA$4.0M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: EO0's short term assets (CA$4.0M) exceed its long term liabilities (CA$3.2M).
Debt to Equity History and Analysis
Debt Level: EO0 is debt free.
Reducing Debt: EO0 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: EO0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EO0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 53.6% each year